IMHO, forget about the history of a company under a different management team, under a different technological environment and under a different investor register. Bluglass is a very different company in 2023 than it has ever been. Note the recent awarded gold medal for manufacturing. Note the appointment of Jim and Jean Michell as industry veterans in the last 24 months. The very astute purchase of the Fremont Fab for a meager $2.5m USD. Then the range of product launches ( and expected new products yet to be launched) and speedy developments to customers requirements. Finally, the extremely high barriers to entry that has BLG as one of 3 global companies able to deliver to their market places. Fwiw, I believe that all blg needs now is a white knight investor ( most likely from the US), similar to what WBT got with their Israeli Superfund investors. That would allow an upsizing of their R&D and an more aggressive move towards commercialization. Risk is however, that one of the other two competitors see the risk that BLG poses to them and takes them over before they become a major threat.
BLG Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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