BLY 0.00% $2.91 boart longyear group ltd

twenty one mill at twenty eight, page-3

  1. 1,394 Posts.
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    3 possibilities
    1. seller is in the know and the stock is S***house and its going lower or

    2. wants to scare the BEj###us out of nervous punters so someone can accumulate...ie underwriters

    3. stock is neutral they just want/need cash or hanging around isnt worth the opportunity cost

    its only 5.7 mill not mega cash BUT is 20% of the big day out
 
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Currently unlisted public company.

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