BLY boart longyear group ltd

i've just piled in, page-29

  1. 702 Posts.
    what gets me is the fact they are paying 6.4cent dividend which is a yield of 4%(@ $1.60) HALF yearly which is the highest dividend they have paid to date, yet the market butchers it 35%, if the company was in serious trouble would they be paying such a dividend?

    Just watched shorters cover their FMG, doesnt take much to shake them out. I noticed that yesterday 500k BLY was shorted.

    bought a few down here, may or may not hold overnight, see how she plays. Goto love that divi


 
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