Post cap raise, I've essentially resigned to having placed my BLG holding in my second-to-bottom draw for the year.
I'll be surprised if we hear anything of substance until late in the year, but more likely early next year. I'm sure we shall get some spin in the lead up to AGM. Their currently too busy sorting out their new new space, playing with their gas bottles, employing new staff and waiting for new chamber deliveries, so i'd consider this year a bit of a right-off.
Sad. I returned in the last week or so from a lengthy trip o/s and BLG crossed my mind numerous times. I consider they missed a golden opportunity to 'sell' this cap raise, particularly to the current holders. The take-up by the existing holders was a sure sign of that.
They have certainly lost some cred with me.
GLTAH.
BLG Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
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