There doesn't seem to be news of any kind to explain the sharp sell-off over the last week - though I'd expect to be the last one to know if there was :-)
Still, recent coverage all seems very optimistic, including the following:
http://www.egoli.com.au/egoli/egoliStoryPage.asp?PageID=%7BF1DEC153-B544-4483-840B-EFE38A9B75F8%7D&Section=Warrants
Boom Logistics (BOL): Boom is benefiting from strong construction and maintenance markets. MRE expect organic growth rates to continue in the high single-digit range for the immediate future. There is currently a two-year lag in obtaining new equipment which could place pressure on hire rates in the near term. Over 70% of FY07 revenue was derived from maintenance contracts,
typically of three-year terms, giving a high degree of revenue certainty.
Outperform
worst stock on asx, page-20
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Last
14.3¢ |
Change
0.003(1.79%) |
Mkt cap ! $60.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.3¢ | $41.98K | 291.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2585025 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 661071 | 7 |
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| Last trade - 15.58pm 09/08/2024 (20 minute delay) ? |
| BOL (ASX) Chart |