BLG 0.00% 2.8¢ bluglass limited

This raise is also very small with a repeat in 12 months if...

  1. 1,974 Posts.
    lightbulb Created with Sketch. 603
    This raise is also very small with a repeat in 12 months if everyone exercises the free attaching option on time and a piggyback option further down the track as well. We will have zero capital adequacy issues for the duration of the claws contract … hmm. All makes sense now as I write.
    At the end of the 5 year CLAWS contract we will have plenty of new customers and orders will be flowing nicely.
    The share price should be much higher and we have certainty. This is seriously a smart move by the company. Excellent structure to guarantee our financial stability for the duration of CLAWS funding. Then on top of that we get ATO R&D rebates. Brilliant. Sellers under 10c will look foolish very soon I bet.
 
watchlist Created with Sketch. Add BLG (ASX) to my watchlist
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $51.16M
Open High Low Value Volume
2.8¢ 2.9¢ 2.8¢ $14.21K 507.3K

Buyers (Bids)

No. Vol. Price($)
2 36507 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 291493 3
View Market Depth
Last trade - 15.33pm 26/08/2024 (20 minute delay) ?
BLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.