@kudo, I will be placing you on ignore after this post as your posts are mostly emotional and mostly inaccurate.
The insto raise was $2.5m. The terms were decided by bells prior to going to market. Insto were impressed to the extent that they up the CR to $4.3m. This is a great result in this market and is manly due to the "cheap" valuation of the company. At 3.7c the market cap pre money is around $53mAUD. IMHO, thats about 1/2 the price of fair value given the progress and signed contracts that the company has made.
No need to reply as I won't see it.
Ann: BluGlass Investor Presentation, page-6
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| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $30.43K | 897.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 999999 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.5¢ | 90000 | 1 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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| 3.3¢ | 3.4¢ | 3.3¢ | 212429 | ||
| Last updated 15.38pm 07/06/2024 ? | |||||
| BLG (ASX) Chart |