As suspected, a great response to the Quarterly, which was another 'Smoke & Mirrors' show......
The BLG 'Roadmap' indicated FY25 revenues of approx $12/13mil, with half coming from 'Industrial segments'. Whilst they may well exceed that figure in income (incl of course the life saving R&D rebate), it appears to me that the 'Industrial segment' has been forgotten about, and they are focusing more and more on US Govt & Defence contracts.
Hard to tell really, hence the 'Smoke & Mirrors'.
So their last three cap raises were as follows -
2022 - $0.03c 2023 - $0.06c 2024 - $0.037c + a useless oppie/piggy back offer.
I won't bore everyone with the prior years as it is such a long list of disappointment.
Who knows what price they will be raising at this year - maybe we will be offered 'piggy back oppies' on the back of more 'piggy back oppies' this time....
1.84 billion shares and climbing......
BLG Price at posting:
2.4¢ Sentiment: None 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)