How do you know Regal has sold all their holdings? It says ceasing to be a significant shareholder. Interesting they took their stock in the CR and started their sell down about a week or so later. Maybe they were doing BCT a favour by filling the CR.
The only way the share price will rise is with runs on the board, and that means that recurring revenue is up and whether something happens with Fuji. For all the spruiking from Andrew about the recurring revenue, we haven't seen much substance to it in the quarterlies. Maybe its getting better now....
I am surprised they have not teamed up with a company offering LIMS as part of their software integration. I note there is one (small) company they are partnered with but a company like Agilent Technologies would be ideal. With a $14m market cap they would might even buy the whole lot, which is under-priced from BCT perspective.
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