BLG 2.94% 3.3¢ bluglass limited

Ann: BluGlass to host Meet the Management shareholder session, page-44

  1. 798 Posts.
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    No share consolidation. James is not a fan. It didn't work well for Redflow. It could happen in the future if circumstances support it.

    Why people worry about the number of shares on offer is something I could never understand. # shares * SP = Market cap. Do a cosolidation and the MC stays the same. I've said before, if BLG get to manufacturing capacity, it would be worth 50c-$1 per share, so why consolidate.

 
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