BLG 5.88% 3.2¢ bluglass limited

Ann: Laser Diode Business Update and Management Changes, page-20

  1. 596 Posts.
    lightbulb Created with Sketch. 31
    Good question Lectro.
    It will obviously depend on each holder's break even price and on their sentiment
    If the numbers of tired and pessimistic shareholders are large, they will accept a price anywhere near break even and move on, much to the chagrin of the optimistic ones who are hoping to recoup their losses or expecting to make a big profit.
    The test will be if and when a bid is made.
    What that offer will be is anyone's guess.

    I personally have reached the point where I will pragmatically accept whatever happens from here on.

    Cheers mate.

 
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