Having a bit of trouble buying green kiwi fruit at present.
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The Million dollar seller just moved back from 7.2 to 8 cents... May be he is reading the forum😀😀
You will be very happy if they hit 28 cents - might be a while before they get there though!
I will be happy if they just continue on their current trajectory as
my holding of multiple millions owes me an average of just 1.7 cents each. I hoovered up a large number some years back when BLT was really in the doldrums and raised new capital at 0.7c a share. I've been keeping the faith with the company since my first purchase (at 19c!) In 2005.
Looks like my patience is finally being rewarded.
I've got say the current SP of 7.1 seems a bit OTT though.
PS. Be nice if some of the BLT magic would rub off on that other Dunedin- based company too. Whatitsname? Oh I know - PEB.
I'm guessing someone knows something and everyone's just jumped on the price bandwagon. Will soon tell I suppose.
The insiders and anybody else who has read the latest 1H results might be talking about revenue increasing more than twice the expenses.
Some of us like those result and see potential.
Trading revenue for the period increased by 77% or $2.3m to $5.2m compared to the same period last year.
Total expenses of $4.5m were up 29% on the prior period.
Good growth, to be honest this reaction would have made more sense when the report actually came out.. So I think there is clear insider trading.
Always feels good when you've entered before the hype train/bandwagons drive the shareprice up even more. That said theres no reason why this cant be a future bottom given the growth potential of this company and a solid product.