Jump to content

MSP


one fat lady

Recommended Posts

  • Replies 3.2k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

It's surprising they've done a placement. As will be made clear by the quarterly cashflow report due today, BQT did not actually need to issue more shares to stay afloat(they have enough cash to last till late this year).

 

There is more than meets the eye behind this placement, IMHO. More likely to do with contract bonds etc than paying wages. Watch this space!

Link to comment
Share on other sites

QUOTE
Probably another private placement coming up at around 20c and the person is peeved they didnt get any, so to vent their anger they are going to show their "power" http://www.ShareScene.com/html/emoticons/cool.gif Ohhh shudder ... did I mention that dreaded capital raising idea again ... uggh .

 

 

BQT has just made the following market sensitive announcement:

Private Placement raises $1.2 Million

 

I'll keep my mouth shut now

http://www.ShareScene.com/html/emoticons/tongue.gif

Link to comment
Share on other sites

In reply to: thekiwi on Monday 31/01/05 03:10pm

"The Company significantly increased stock levels during products to prepare for increased sales expected."

 

Clearly, BQT expects to win some contracts in the near future. Add in the Directors buying. Interesting that they decided to issue shares rather than get a short term bank loan to fund stock, which would have made more sense.

Link to comment
Share on other sites

In reply to: One Up on Monday 31/01/05 05:03pm

QUOTE
Interesting that they decided to issue shares rather than get a short term bank loan to fund stock, which would have made more sense.

 

The difference is, if they had taken the money from the bank, they'd have to pay it back.

Why borrow from the bank when mug punters will give them the money for free http://www.ShareScene.com/html/emoticons/wink.gif

 

Tex.

Link to comment
Share on other sites

In reply to: One Up on Monday 31/01/05 05:18pm

Hmmm maybe you're right ?

I'm just answering your question about borrowing money.

As a rule public companies don't borrow money, they take it from poor investors.

 

All the best with BQT, but be careful what advice you take from Smuggler......he has a proven track record of poor stock selection.

 

Tex.

Link to comment
Share on other sites

In reply to: One Up on Monday 31/01/05 02:28pm

http://www.ShareScene.com/html/emoticons/wink.gif One Up Not sure I agree that BQT had the cash pre the latest placement to operate through to end 2005. They continue to burn through a considerable sum of cash yet the receipts from trading have remained largely flat now for the past 12 months.

 

I have seen your style of writting before somewhere...not sure where.

 

 

 

 

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...