BLU just goes from better to better with each day. Positive acquisitions, great profit results, great positioning, major insto interest.......its all just positive news everywhere. When you also consider what is happening in the US where the whole mid market internet service providers (c $500m mkt cap) were acquired within the space of a week (Microsoft, Yahoo and Google) you have to wonder where what will stop the SP for BLU.
When this is equally seen against the backdrop of a very limited free float ........and no depth in the buying side.......WOW !!!
I believe this will gap up markedly as BLU have been doing roadshows - I went to one - very, very impressive management team with a very clear and defined strategy....
Mid term (maybe even sooner) I think BLU will be subject to T/O - with a big premium being paid (just see prices paid for the US equivalents....).
I think I need to have a lie down....all this excitement ...I hold and will continue to do so only bigtime upside.
As always do your own research
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