I think the objective right now is for the foundry business to yield sufficient income to provide BLG with contributions to "profits" (i.e offsetting research expenditure) for long enough that a CR is postponed when maybe a deal comes in which will kick the SP to reasonable levels such that an issue is not as dilutive as it may otherwise be. They say that upgraded AIXtron will not be demonstrable until year end - it will take probably take a further year until income arises from an industry partner (e.g Lumileds/X-Celeprint); question is can BLG last that long without a CR?
BLG Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
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