BLG 0.00% 2.3¢ bluglass limited

Ann: BluGlass Enters Collaboration with Aixtron SE, page-13

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  1. 607 Posts.
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    The collaboration is important as it means they are working with the equipment manufacturer of the new comercial size machine. I would imagine an RPCVD upgrade will be much quicker with the support and blessing of the equipment manufacturer than otherwise. This collaboration is as much about helping to execute existing plans as well as to engage with a potential longer term customer.


    No one can make a sizable purchase of BLG shares without pushing the SP higher. The recent flash crash would have a allowed the acquisition of a bucket of shares under the radar. If you look at the daily share trades, there are small amounts going through with no purpose other than to ensure the SP is 0.5c or 1c lower than it otherwise would be. This minimises the likelihood of trader interest being sparked and ensures SP stays lower for longer.

 
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