BLG 0.00% 3.0¢ bluglass limited

Hardware Tech 3 Bagger with Revenue, page-339

  1. 809 Posts.
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    i dunno about right royally cleaned - as a long term holder I've had plenty of opportunities to buy in low over the years. What i do think is true is that those who bought in at the SPP of 20c a couple of years back got screwed ....the company hasn't really performed to those expectations at the time. Nor to those who bought at the initial float with the promise that commercialisation was maybe only a year away - in 2010.

    Still , things have not stood still.....incremental improvements to the technology have been made to get it to this point. The company has proved itself to be both disciplined and persistent, attracted a committed cornerstone investor of a number of years now and it would seem doors are opening.

    Maybe I'm being cynical , but the bad rap some give this company appear to have started around the time Shorten visited. Why i can understand the frustration of holders who bought in a long time ago ....i don't get the negative , ignorant statements that the companies tech over many years has been going nowhere. its plain to see that it has.

    The question that nobody seems to be able to answer though is what is the technology worth when commercialised. Maybe we are about to find out..maybe not.

    Maybe MOCVD is now just as efficient as RPCVD was hoped to be 5 years ago...that to me is far more worthy of examination.
 
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