Time to re-assess Pete. BLG is winning small scale contracts with companies testing and validating Blgs lasers within their next product offerings. Once a decision is made to press go on manufacture of these products and a contract is signed, BLG will probably receive a very small fee, and the product will need 12-18mths before things are lined up to mass produce. BLG will need at least a few of these deals. We are btw 3-5yrs away imho. If BLG signs these contracts (prior to making a profit) the market will revaluation will be multiples north of the current sp or blg will be taken over.
Ann: Trading Halt, page-113
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Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $74.91M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.1¢ | 3.9¢ | $17.29K | 433.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112899 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 220575 | 5 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
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| Open | High | Low | Volume | ||
| 3.9¢ | 4.0¢ | 3.9¢ | 214232 | ||
| Last updated 15.43pm 17/05/2024 ? | |||||
| BLG (ASX) Chart |