ASX Today, page-31

as mentioned in previous posts I think you still need to be careful of the play at hand here...

The cash account was about to run out in just over a QTR and with nothing to encourage shareholders to fund another CR, time was running out.. lets face it many years have gone by and they struggled to get a big player for their technology. Just small drizzle sales..

Then all of a sudden a massive contract, pumped up the market and brought attention back to BCT with some decent volumes only to be followed by a massive CR to add further dilution..

Now look over the quarterly's,' notice the cash burn along with the portrayed revenue via the contract and ask yourself how much would be left after the 3rd year without any other contracts in place? $5mil if lucky

The CR was needed to survive, they couldn't have managed without it even with the contract in play... So dont you think its strange that all this fell into place right at the near end for BCT... no one was going to support the company after all these years for with further CR's without something game changing in place..

5.5million raise, 5.8million order for the following 2 years.... seems to be perfect numbers for the estimated outgoings in this time, then to be followed by a third year of near double sales as the main game changer... I would like to see the clauses of the contract. Im just not convinced all is as it seems considering the third year has a separate projected figure..

Call me skeptical, I have just read over my own posts regarding BCT and realized there were some serious warning signs that I could see,..

SP will go below the SPP as the above figures show no actual growth to the MC until the 3rd year... which will also diminish if further contracts and continuing contracts arnt in place.

More contracts alike this one are needed... any way, not what you want to hear obviously... but just be a little dubious as it all seems very well thought out just at the last breathe.

In saying the above, from a chart perspective the SP should have consolidated and hold high 5's to low 6's... but you guys need more positive news to create further interest with more revenue opportunity... the SP spiked as would be expected, to only be followed with a constant downward trend for the last 3 weeks... IF and a big IF the soph's were enticed with a carrot, I would expect that carrot pre X-mas so as they would have the opportunity to exit until the SP finds a stagnant level again... if this happen I would be convinced this is a very well orchestrated play and a red flag should be waved... hopefully my theories are way way of track for the sakes of shareholders...