Aug. 6 at 9:01 PM
$BLNK
The bottom line in my view is the sale of Envoy Technologies on a such a ridiculous discount price to Blade Ranger (expletive) the shareholders.
Blink Charging paid roughly
$34 million in 2023 for Envoy Technologies and sold it for roughly
$14 million in 2026 to BladeRanger (less than 42%).
Of course this negatively impacted Q2. Imagine how the financial would had been if Blink sold Envoy close to the price it bought it! Imagine what todays share price would had been if that was done!
Putting this negativity aside, there is a vision for Blink but more time is needed to materialize.
With that optimism, I am bullish on
$BLNK.
