And hopefully you're NOT into just "trading" this stock as we're in as investors for the long haul :cool: But no matter, GL to us all.
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Have not sold any since investing $15,000 in the 1cent issue years ago, when SP was above that!
wow! blt worth $60,000,000 and never made a profit.
and it listed at $1 and trades now at 5cents.
good stuff!
a few more cents rise and it will overtake long term profit making and dividend paying companies.
who needs fundamentals when the power of a billion shares rises empty dreams.
all good for me ...... been waiting for over a decade to recoup my investment.
I'm a bit perplexed by this one. Either there is some insider knowledge driving the lift, punters are punting or the liquidity is so bad that the demand is pushing the price hard. It's gonna be a happy Friday or a disastrous one for many depending on which of those factors is acting.
I note the sellers are upping their price today. The 2,000,000 now at 6.4 cents. After years away I got back in for 500,000 at an average of 2.9c. It is starting to look very interesting. Even if it falls away after the 29th will stay in for ride if not increase.
Gunny
It sure feels a bit over-cooked to me. I don't think we'll be getting any bad news on Friday, but I don't think what we do get will justify a market cap of $66m.
However markets are supposed to be forward-looking so maybe punters are scrambling to get in ahead of a great year in 2017?
Back on the 8th July, BLT responded to the price enquiry that they were not in breach of the continuous disclosure rules. Since then the SP has gone up by about another 25%*. Is there one keen buyer buying into an illiquid stock or is there something else going on?
*Edit: make that about 33% after the market opening price of 5.8c
Of interest to me is the effect of Blis products on strep throat. Thing is strep throat is associated to various degrees with some widespread and sometimes lifetime-expensive conditions. Rheumatic fever is well known, but also possible associations with breast cancer, psoriasis, scarlet fever, kidney disease, tonsillitis, maybe others.
Some of those associations are well known but don't self diagnose based on my post!!
BLT is first mover, and as associations are better understood and proved it can only be good for the company.