BLG 0.00% 2.2¢ bluglass limited

"when" not "if" for BLG..., page-4

  1. 806 Posts.
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    Forget about the share price. I'm watching the market cap.

    A few years back when we were looking at a potential IP license deal for RPCVD, BLG was $150m. (Note - Not its peak, just a number I used to have in my head for its value).

    Now we are looking at product revenues on MOCVD laser diodes over the coming 6-18mths. Once we have reliability settled and RPCVD prototypes, I think we should easily be valued at $160m - 4 times where we are now, If we ever get to max out our current production capacity, a market cap of $1B would not be out of the question.

    I'm not looking to invest in BLG for a 7-12% pa return over the next few years.
 
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