If, say BLG can fill its manufacturing capacity in 5-7 years:
$170m revenue = $265m @ 64c exchange rate.
40% margin = $106m pa.
PE 20 (growth stock), MC = $2B
Both state and federal governments are well aware of BLG now. I don't see a takeover coming anytime "soon". It's not in the national interest and if it does occur, it would be at a premium. Based upon potential projected market cap, I wouldn't consider a takeover under $1.
Assuming no take over, I am looking forward to the day when BLG is expanding its manufacturing capacity, RPCVD devices are widely used, and a growing divided stream is paid.
If, say BLG can fill its manufacturing capacity in 5-7...
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $69.43M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 4.0¢ | 3.6¢ | $253.1K | 6.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1200000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 140180 | 3 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
0.002 ( 3.64 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.9¢ | 3.7¢ | 1093386 | ||
| Last updated 15.50pm 26/04/2024 ? | |||||
| BLG (ASX) Chart |