BCT 0.00% 0.3¢ bluechiip limited

ASX Today, page-12

  1. 590 Posts.
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    We are all a bit disappointed given how low the price is vs their announcements and achievements.

    i do think the low cash position was a big hurdle and now that this is out of the way, we should climb. And with less willing sellers, it can happen quickly too.

    I'm still expecting a price around 20cps by Xmas.. call me an optimistic but that is not a stretch at all given they will be nicely profitable in less than 3 years without any new contracts being announced.. and based on minimum contracts locked in.. and I expect a lot more to come..

    This is paradise for micro funds looking for a hidden gem with potential to be a 15-20 beggar over 3years or so but let them figure that out by themselves..
 
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