ASX Today, page-35

That sounds like someone who wants to buy cheaper - dont blame you.

Many of the sofs are already investors and several micro funds also participated, which is rare for a company this size. This comment of yours that they did not do homework sounds misleading and unbased on facts ot evidence.

The nunber of shares is irrelevant in the scheme of things as even after the issue this is just a $30mil market cap company with contracted volumes to profitability, a novelty product portfolio with no competition, marlet leading partnera and opportunities in bio, pharma and food (alone food waste is a US$1trillion pa business so the opp there is tremendous for their products) to name a few.

I never subscribed to this idea that you need announcements for undervalued stocks to move up. they do when people become aware of it. Similar companies (very high growth) trade on 10-20x sales with no prospect of profitablity mid term.. meanwhile BCT trades on 3x sales Fy21 when it will also be profitable (based on minimum vols locked in.. and given how fast orders are rising this number will likely be much larger).

So what BCT needs to do is increase market awareness as it remains under the radar. Micro cap space is inefficient and creates opps like this for patient investors.