BLG 0.00% 2.2¢ bluglass limited

The reason is simply that they are not yet profitable and still...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. MTV
    1,824 Posts.
    lightbulb Created with Sketch. 622
    The reason is simply that they are not yet profitable and still require capital injections to fund operations and further R&D. This will likely be the case for at least 2 more years.

    Some posters have seemed to be under the delusion that the Australian and US governments would be funding the company from now on. That's never going to happen folks. We should not expect more than about 30% assistance.

    All IMO.
 
watchlist Created with Sketch. Add BLG (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $40.46M
Open High Low Value Volume
2.1¢ 2.3¢ 2.1¢ $20.92K 969.2K

Buyers (Bids)

No. Vol. Price($)
2 312090 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 44879 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
BLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.