BLT - Blis Technologies

[simla]

I'm in....

My goodness! The silent one returns. AND with approval! Any other comments, Emearg? Glad to hear you're in.

[Nigel]

My goodness! The silent one returns. AND with approval! Any other comments, Emearg? Glad to hear you're in.

Welcome back emearg

Looking forward to today. A bit if a re-rating yesterday; maybe more of the same today?

[Leftfield]

I'm in too (Disc; long term holder at an av SP of 1c) , and hopeful the BLT effect will help propel me to further heights in the stock picking comp!!

[Nigel]

I forgot about the share comp momentarily - yeah, this will help anyone got XRO, PEB and BLT in the comp?

[Nigel]

I forgot about the share comp momentarily - yeah, this will help anyone got XRO, PEB and BLT in the comp?

Leftfield, I see you do. Friday's rankings should be interesting if the BLT charge continues!

[Nigel]

Just looking at yesterday's volume... is that a record for number of shares traded in a day?? (certainly stands out on the 5 year chart!). Increasing price on increasing volume. Good to see

[Danzx]

Question for you all:

I hold 200,000 shares in BLT and brought around the 3c mark quite a few years back. I have financial commitments and am not willing to take up the SPP with the intention of holding (unfortunately).
I am going ahead with the SPP with an order of $5,000/ 500,000 worth. Would I be wise to be conservative and sell my current holdings at today's prices ( approx 1.5-1.7) to guarantee a return on at least some of my 'new' 1c holdings before I receive the. In a few days.
I am aware that this offer may be oversubscribed.

thank you as always for your sound advice and opinions

[CJ]

I am aware that this offer may be oversubscribed.

I think this is the key. You could sell now to lock in the gain as the risk is people will sell down, putting pressure on the price, once they know what they have been allocated.

But you risk only getting a small amount you applied for so your holding might not be worthwhile.

Disc: I foolishly sold down at 1.2c and have now applied for twice what I want in the hope that scaling is no more than 50%.

[Nigel]

Here's the write-up from The Headliner yesterday. All info straight from the media release, but thought I'd share for those who are interested.

http://www.headliner.co.nz/news/13320.html

Good to see the price hold up today (VWAP 0.017). Looking forward to the next sales announcement. From the guidance at the AGM we should have some pretty healthy updates coming out which will help shareholder confidence and bolster the shareprice. Any positive comment from Sinopharm next month will also spark some more price action, given the size of the market they have access to.

[pierre]

Looks like a stand-off this morning. Roughly equal number of buyers at 1.6 and sellers at 1.7. Wonder who's going to blink first!