BLT - Blis Technologies

[Nigel]

Thin again on the sell side. Never a dull day

[clip]

hmm the big question, will we see some profit taking this afternoon/a chance to get in again lower, or will it hold around these levels until the announcement. I have been buying on dips and selling on gains in the past but i think I will hold onto them all until the announcement now.
Can someone remind me, this is due Monday is that correct? Any estimate on morning-afternoon etc?

[pierre]

hmm the big question, will we see some profit taking this afternoon/a chance to get in again lower, or will it hold around these levels until the announcement. I have been buying on dips and selling on gains in the past but i think I will hold onto them all until the announcement now.
Can someone remind me, this is due Monday is that correct? Any estimate on morning-afternoon etc?

The reply I received from the company on Monday 18th to an emailed question about the announcement date said:


"we are still working through the process with auditors and other parties. We will announce prior to the due date later this month."

[clip]

Thanks pierre. To clarify, unless i'm reading it wrong, then going by that sentence they will announce when it is due, before it is due? i.e. they will announce a due date, before releasing it?

[simla]

Short answer: we don't know! It's due this month is the only limit.

[Harvey Specter]

Thanks pierre. To clarify, unless i'm reading it wrong, then going by that sentence they will announce when it is due, before it is due? i.e. they will announce a due date, before releasing it?

My interpretation is that they wont be doing a Diligent. That is, unlike DIL, they will announce their result before it is due, not some time in the future that may be delayed even further.

[pierre]

Thanks pierre. To clarify, unless i'm reading it wrong, then going by that sentence they will announce when it is due, before it is due? i.e. they will announce a due date, before releasing it?

They are required to announce within 60 days of the end of the half-year period i.e no later than 30 November.

My interpretation of the comment was that they will be announcing before that deadline - but nothing more specific than that. My pick is that they were waiting for the Sinopharm visit so they could include any positivity relating to that in the half-year report - only a hunch though.

[clip]

Thanks all for helpful info/explanations, I have it clear in my head now

[simla]

That ODT article also said, "They came to Dunedin to learn more about Blis' research and how to proceed with promotion of the products." http://www.odt.co.nz/news/business/2...-blis-products

Two good points in that. Firstly, "how to proceed" is pretty concrete , isn't it? And secondly, "promotion of the products" is pretty good too. Actually, thirdly, "products" is plural.

[hilskin]

WOW .027 knocked out pretty quickly. Will it hit .03 today???????????