Thanks Bullrush. You are right. BLG is a speculative stock and should be treated as such. That said, recent developments have changed the risk profile for the better and this latest cap raise further reduces risk. This is being reflected in the share price appreciation. The bit that is odd about your posts is that you seem to believe that it is the job of the bod and management to run the company on behalf of non-holders rather than shareholders. Raising capital after a SP rise is good management. As a frustrated Long term holder I am glad current mgmt now appears to be doing what is needed for all LTHs to see a return on their investment rather than try to keep you happy. BTW the current cap raise has attracted a number of new investors so I guess there are different points of view out there. cheers SC
BLG Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
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