IMO - BKN got smashed because they didn't inform the market that they were not in as much trouble as some thought. The debt covenants on their loans make it very easy for them to get into serious trouble should there revenues drop (interest cover)
Director buying 250k is as good as BKN saying everything is good.
Yet another quality stock discounted to ridiculously low level only to see it rise very rapidly.
Mining Services I feel have been hit unfairly and any business with a consumables model is in my opinion a good investment:
IMD
EHL
Anybody know of others?
- Forums
- ASX - By Stock
- BKN
- about to skyrocket
about to skyrocket, page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm