And once it goes below the .03 cent SPP offer price then shareholders who are still interest in the development of BLG will be purchasing on market for the cheaper shares. BLG then does not receive the funds that it needs.
Remember, much to shareholder disgust, that management only ever valued the share price at .02 cents. Isn't that the price that they wanted to be paid in shares in lieu of wages?
Still undecided about buying in the share offer, on market, or even at all. This shareholder session had better be more positive than what has been advised to shareholders to date.
BLG Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)