Sentiment will only get better from here IMO. The market now appears to be recognising that the IPO price has not yet been set (and could even be multiples of the current price), the possibility of 50% dilution is absolute worst case scenario (and likely to be less), and no matter how you look at it BLT is so undervalued! Regardless of dilution this has got many multiples to give.
I reckon as we approach 85 cents this will start to get some legs as FOMO gradually starts to build. Buying was already building this afternoon to push the highest close this week.
The accumulators are going to have to work harder next week, otherwise I hope they are satisfied with what they've got and now let this run like it should.
Have a good weekend bennies.![]()
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