BLG 8.11% 3.4¢ bluglass limited

Ann: Laser Diode Business Update and Management Changes, page-21

  1. 806 Posts.
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    If the company raises the funds it needs, the Sp will take a jump, as it will with the expected announcement that we have found someone who can finish our lasers properly .....
    in my experience takeovers generally take quite a few months to get over the line in order to get the numbers on board, once the big holders have shown their cards, so i think things look healthy for holders if a takeover was announced.
    Also there would be staff that hold a considerable number of shares and i cant see them moving quickly if they think we are moving into the winners circle
 
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