here we go here we go..., page-20

honkyb

OK so you are pi**ed off having bought a lot higher .. I sympathise. But look around you .. the investment world has changed. BLY may well have been overpriced at $2+ on resources growth expectations .. that have now changed. But drilling requirements around the globe have not changed by 650% like the share price. That's why i reckon its oversold.

What exactly was rubbish in the Market Update and letter to Shareholders?? They said they would cut costs and reduce capital investment (read preserving cash to pay down loans and maintain dividends).

H