I took up my allocation plus oversubscribed. I think there has never been a better time to top up on this stock. The hardest thing for any business like BCT is getting paying customer which Bluechiip has now achieved. Obviously we need more customers to stop the burn and the boys are under the pump to do that.
I am not worried about any downside because if the company went into administration it will see a high level of buyer interest and at at a greater valuation than the current market cap. The company that will buy Bluechiip will likely in the US and at the current exchange rate of $US 65 cents its peanut money for a US based company or Private equity. So the downside risk is low for us shareholders IMO.
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I took up my allocation plus oversubscribed. I think there has...
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