UMIZOOMI Very easy question to answer. FIRSTLY I AM HERE TO MAKE MONEY. Are you here to loose money?????? They have already been given millions of shares at $1.07 And possibly millions more soon at $1.07 If they want to make a quick 50% or more then they will sell at $ 1.60 or above. Results are many months away and anything can happen. I will hold current shares pending good results.
If I was given the option of shares at the same price as the institution I wouldn't have sold.
Do I have respect for any institution......NO What happened when the banks and other institutions fell over and the government bailed them out with mum and dad money????
I suggest you look at Australian banks who have agreed to take your savings at %5 from 2016. YOU MAY CHANGE YOUR MIND ABOUT INSTITUTIONS http://www.abc.net.au/news/2013-08-01/government-sets-new-bank-bailout-levy/4859732
BLT Price at posting:
$1.64 Sentiment: None Disclosure: Held