BLG 0.00% 2.5¢ bluglass limited

Ann: Clarification announcement, page-12

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  1. 2,753 Posts.
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    I don't see this quite as bullishly as others here. Sure, EpinovaTech (now the 100% IP owner) has a potentially exiting future but i expect BLG might only play a minor part and only at the start of EpinovaTech's journey to assist them to ramp up production of epiwafers... i might be wrong, but i see that we might get a year or so of contract manufacture out of it. Still better than nothing and any extra revenue (at good margin) will be most welcome. I expect in time that EpinovaTech will licence their technology so maybe BLG can assist in some way (machine upgrades/training). Anyhow, it will raise BLG profile and maybe others will come to BLG for assistance with moving their semiconductor tech forwards. The ASX was right to put a trading halt and slap a clarification request on BLG.
 
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