Well the hour approaches, do not ask for whom the bell tolls....
Decision time. Take up the full allocation? My nails are down to the quick. Maintain my current stake in BLG? I only need to estimate the percentage overall takeup and match it. Then wait for the profits to roll in. Easy! Sell now at market and replace with the cheaper rights shares later? Same as short selling but guaranteed lower purchase price. Interesting to note that the current price does not reflect any dilution, which for all intents and purposes is already in place, so one would expect to be able to sell the extras later, after shares are issued for a small but quick profit? Sell everything? Lock in my losses, enough money left for a visit to Dan Murphy's?
If you are mailing the form, better get it away today, Bpay will buy you some more time to chew the quicks some more and to deplete the wine cellar. Good luck to you all!
BLG Price at posting:
2.5¢ Sentiment: None Disclosure: Held
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