BCT 0.00% 0.3¢ bluechiip limited

Capital Raise and next SP moves, page-6

  1. 590 Posts.
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    i dont subscribe to the P&D views as this is not an exploration company releasing results which may look great but in isolation mean nothing. It's not a trial agreement either - its a large ( relative to BCT mkt cap and sales) and concrete sales arrangement.

    Price movement has been a function of another significant ann which increased sales orders from 1 to 3 years and $$ from 1 to min 10million in 3 years - thats already in place and all investors who have been on this thread would see that ann as a continuation of what mngt has been doing and communication. This is not a MoU that means nothing - actual orders which will allow BCtlt to keep gradually increasing chip ans accessory production over the next 18-24 months.

    True this is also tightly held and a big ann attracts traders who come for a quick buck. Natural behaviour of a micro cap stock.

    The only factor that stopped the stock from havinf risen well into the 10s imo was that it would have to raise money in 4Q or 1Q next year. The company has now raised that and removed that issue. Smart move as future ann will not have nothinf holding it back.

    Give it a bit of time for any remaining traders who bought without any understanding to leave while others accumulate and this name should start rising again as little value has been given to the milestone ann released a few weeks ago. Patience has been good to those holding it in the past 12-18 months as this quiet achiever continues to deliver strong outcomes and consistent execution for investors. I think this will remain the case.
 
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