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2.2¢ bluglass limited

I concur with those thoughts. Important step, and BLG will also...

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Lucretious

6,035 Posts.

1848

10/01/24

15:41

Post #: 71815235
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Originally posted by Flectional: ↑

your looking at a 'set piece' run order for a prototype to be successfully manufactured & tested off an R&D design flow
Prototyping completes the 4th step in this design flow leading to manufacturing the initial version of the product.
This remains part of the product ideation creation - costs will be covered / shared and remain 'claimable' via the R&D tax rebate scheme'
clearly there has been significant customer engagement to this point of the process with both parties moving to manufacture runs
should the prototype test successfully for the customer in those 'cutting edge' defence applications initial order quantity and revenue will follow

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I concur with those thoughts. Important step, and BLG will also gain valuable feedback from this PROTOTYPE, in order to make improvements that will attract further orders. This is a great first move. This is not a traders stock. Its not going to move quickly soon, but in time, with breakthroughs in the tech and roll out of more product, this will get to a point where it will go exponential, quickly, IMO. Happy to ride it out and accumulate on pull backs.

BLG Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $40.46M

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2.1¢	2.3¢	2.1¢	$20.92K	969.2K

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No.	Vol.	Price($)
2	312090	2.2¢

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Price($)	Vol.	No.
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2	143532	0.021
18	2027506	0.020
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8	476078	0.018

Price($)	Vol.	No.
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0.024	183530	4
0.025	518618	6
0.026	1108988	4
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