I think you're right to be cautious watergirl. If the stress tests on May 4 are taken badly by the markets, Boart will probably dip below 10c on irrational fears of finance problems. If the board fails to talk optimistically enough about the rest of 2009 at the AGM, the shares may also drop below 10c. Even Timbercorp going into receivership could rub off badly on Boart no matter how irrational it is. There was a lot of media coverage of BLY last week and none of it was good. Lateline business even managed to quote the company at 12 cents the night before it actually got there!
Z
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