BGD forum has been fairly quiet lately and I see shareholders are looking forwards to new announcements and wondering what's going on with the company at the moment. Don't we all want to be watching the SP going up and shout like Austin Powers " yeah baby yeah!" LOL.
But seriously, we know the potential of Gladstone Project, and the demand for its product. We KNOW the significance of having ABS partnership and it's financial ability. We KNOW the EFS is an income genrating bussiness. We KNOW that EIS will be submitted this quarter. So much has happened in the last year amongest others which I won't repeat here.
There is one thing which I think many current and potential investors aren't aware of is that raising the profile of a company is not an easy task and that management of BGD are probably too busy running the company to spare time and energy running presentations. But look at what happens with that publicity when Anna Bligh made that announcement last year.
So it takes a while for smaller companies to get on the investment rader. It will just take a little while longer for investors to realise the growth potential. Combine this factor with the progress of the EIS and a resource acquisition announcement in the not too distnt future, you can almost see where the SP will be heading.
Just some food for thought. Not up ramping, nor associated with BGD management either.
Happy AUSTRALIA DAY
BGD Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
