BLT - Blis Technologies

[winner69]

Sorted now. Should be more clear that it's made up Doesn't have quite the same flow now, but less likely to put me before the courts.

Just taking the mickey mate ..... mainly at those who are so precious about such things

[emearg]

Your original press release today obviously worked Nigel! Up 17% today

[GR8DAY]

Better sell EMEARG b4 for the traders move in again and do their usual !!

[emearg]

Better sell EMEARG b4 for the traders move in again and do their usual !!

I'm not for sale.

[CJ]

Still seems to be quite a few people willing to buy at ~3.5. Think the sellers are cottoning on that the shareprice is going to be driven up regardless though. Looking for a (modest) target of 3.5 cents for weeks end.

What I find interesting is people are selling at below 3.5. The price keeps going up to this, then profit takers drive it down - why not just wait till it comes back up again??

[Nigel]

Still seems to be quite a few people willing to buy at ~3.5. Think the sellers are cottoning on that the shareprice is going to be driven up regardless though. Looking for a (modest) target of 3.5 cents for weeks end.

Hi Moosie,

What do you base your price target on?

I'm a little anxious that we're all getting a bit carried away on the 'potential' of sales, when we still may be some time away from realizing the vastly-improved revenues that we're anticipating. There's also a lot of shares to come back on the market after the "minimum holding" exercise plays out.

Rather than continuing it's recent ascent, there is perhaps just as much chance that the share price may head backwards this week! Who knows?! There are some pretty big swings either way - it's really hard to predict at the moment!

[brucea]

Fair comment as I eat yoghurt every morning - however with ice cream I eat that every night!!! The yoghurt ice cream I mean...

You would only be confused if you couldn't read. But if you couldn't read how could you be confused?

[emearg]

I think it is impossible to know where the share price should be.

3 cents values the company at 20 million. Is this reasonable? Is it too high or too low? Based on potential it is far to low but based on revenue/profit achievements so far it seems far too high.

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential. Just like Blis did a decade ago. Just like Blis does now.

How to accurately value either company? Your guess is as good as mine. I don't have a guess to contribute.

[skid]

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential.

Not true -PEB has been on the market in Australia since June so it has surely had sales- But they have not told us what they are

[emearg]

If we compare it with PEB it seems low. PEB has a market cap of $175 million and no sales. But loads of potential.

Not true -PEB has been on the market in Australia since June so it has surely had sales- But they have not told us what they are

Yes sorry I (slightly) exaggerated! They had revenue of 11k in the six months to the 30th of September. Is that ALL from Aussi? This is why I am sceptical about how quickly PEB will grow. But I can express this thought (again) over on the PEB thread.

So does PEB make Blis look cheap or just make look PEB look expensive or both? Dunno and it doesn't really matter.

Looking at the sales today it is pretty obvious most (80%) aren't driven by the need to top up:

3.2	53,074	13:22
3.1	43,700	13:22
3.1	6,300	13:07
3	100,000	11:42
3	76,667	11:30
3	35,000	11:27
3	15,000	11:09
3	73,333	11:06
3.4	65,526	10:26
3.4	20,000	10:26
3.3	50,000	10:21
2.9	64,474	10:09
2.9	75,000	10:06
2.9	50,000	10:06
2.9	50,000	10:06