"The Laser Diode business will require additional capacity to meet growth forecasts and will require sufficient(additional) funding"
I will be surprised if BLG manage to secure funding via an alternative avenue than a CR in their current position? However, they must have the capacity to start generating revenue before investing in more higher capacity manufacturing equipment? Now would be a good time to buy cheap. Anyone think that a string of fancy announcements has the ability to push the SP up in the coming months?
Also: Internal BLG modelling predicting +70M in sales by 2025. Anyone have the time to go back and see what their fancy presentation 5 or 10 years ago were predicting in sales and by when? More showboating?
BLG Price at posting:
5.7¢ Sentiment: None Disclosure: Held
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