BLT - Blis Technologies

[patrick]

Same here. Just placed a $150 order, (not on BLT), brokerage was $0.75

WHY NOT?
Hard to go past a Company where demand for its product exceeds its ability to fill orders.

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WHY NOT?
Hard to go past a Company where demand for its product exceeds its ability to fill orders.

Nothing wrong with BLT, I already have some, it would put me out of balance if I added more, and there's other stocks I want to pick up first before more BLT!

[pierre]

Nothing wrong with BLT, I already have some, it would put me out of balance if I added more, and there's other stocks I want to pick up first before more BLT!

I've ridden the waves with BLT since 2005. I have added to my holding during the company's many trials, tribulations and false starts - at one point buying a large number of shares at 0.7 cents each so my average cost is now less than 2c. I've never sold a single share and always believed there was a great future for the business.

As a result of of the current market volatility and the upward trend in its SP BLT has shot up to 20% of my 7 figure portfolio. I still don't intend to sell any and will wait patiently for ATM, HGH and a number of others eventually to do the re-balancing for me. In the meantime, there probably will be more ups and downs with BLT but I am really looking forward to the FY20 results - and the forecast for next year.

[clip]

I've ridden the waves with BLT since 2005. I have added to my holding during the company's many trials, tribulations and false starts - at one point buying a large number of shares at 0.7 cents each so my average cost is now less than 2c. I've never sold a single share and always believed there was a great future for the business.

As a result of of the current market volatility and the upward trend in its SP BLT has shot up to 20% of my 7 figure portfolio. I still don't intend to sell any and will wait patiently for ATM, HGH and a number of others eventually to do the re-balancing for me. In the meantime, there probably will be more ups and downs with BLT but I am really looking forward to the FY20 results - and the forecast for next year.

My post was more about the sharesies brokerage in response to previous posters, not meaning to poo-poo BLT at all, if that is how people are taking it? Perhaps not the best place to post it, however this is where the question was raised... In time I will be buying more BLT, however, not while my portfolio has 0 shares of the other companies I want to buy, and some number of BLT dhares

[Leftfield]

I've ridden the waves with BLT since 2005. I have added to my holding during the company's many trials, tribulations and false starts - at one point buying a large number of shares at 0.7 cents each so my average cost is now less than 2c. I've never sold a single share and always believed there was a great future for the business.

As a result of of the current market volatility and the upward trend in its SP BLT has shot up to 20% of my 7 figure portfolio. I still don't intend to sell any and will wait patiently for ATM, HGH and a number of others eventually to do the re-balancing for me. In the meantime, there probably will be more ups and downs with BLT but I am really looking forward to the FY20 results - and the forecast for next year.

Well done Pierre! Your long view is a good example of how to get to a 7 figure portfolio.

[Cadalac123]

Yeah I admire that Pierre, to be honest I think that idea of bringing your cost average down that much is amazing, will pay off significantly. Who knows when, but when it does, it'll net you a ridiculous return over entering and exiting a lot in the short term which increases your chances of missing a significant milestone

[patrick]

I've ridden the waves with BLT since 2005. I have added to my holding during the company's many trials, tribulations and false starts - at one point buying a large number of shares at 0.7 cents each so my average cost is now less than 2c. I've never sold a single share and always believed there was a great future for the business.

As a result of of the current market volatility and the upward trend in its SP BLT has shot up to 20% of my 7 figure portfolio. I still don't intend to sell any and will wait patiently for ATM, HGH and a number of others eventually to do the re-balancing for me. In the meantime, there probably will be more ups and downs with BLT but I am really looking forward to the FY20 results - and the forecast for next year.

I can go back further, or can I, to an issue, the maximum take up was $ 15,000 worth, ( I took two lots) I can’t remember the cost per share but the shares on allocation were worth a lot more than the cost. This was clear when terms of the offer made but not a lot of shareholders took up their entitlement. Perhaps that was about the 0.7 but I think earlier. Someone will have a better memory.

[Snow Leopard]

So in a year or two, when we are all allowed to shake hands again and this corona-virus is forgotten, will BLT be making money?

[pierre]

I can go back further, or can I, to an issue, the maximum take up was $ 15,000 worth, ( I took two lots) I can’t remember the cost per share but the shares on allocation were worth a lot more than the cost. This was clear when terms of the offer made but not a lot of shareholders took up their entitlement. Perhaps that was about the 0.7 but I think earlier. Someone will have a better memory.

I checked my records and bought 1m shares at 0.7 in October 2012. A year later, October 2013, I bought another larger lot at 1 cent. I think one of those purchases was when BLT converted preference shares into ordinary capital to avoid having to pay interest - can't recall which one it was though.

[sb9]

I checked my records and bought 1m shares at 0.7 in October 2012. A year later, October 2013, I bought another larger lot at 1 cent. I think one of those purchases was when BLT converted preference shares into ordinary capital to avoid having to pay interest - can't recall which one it was though.

Good on ya pierre for believing in your conviction.