BLY boart longyear group ltd

$115M Cashflow Improvement

  1. 6,073 Posts.
    lightbulb Created with Sketch. 110
    $85m cash outflow in the first half, $30m cash inflow in the second.

    Given that the market is pricing in armaggedon, I'd say that's highly significant.

    This is a big, market leading business for a $60m market cap. $735m of sales. Even allowing for it's debt, the shares are worth a lot more than option money at quite possibly the low point in the cycle.

    12-15c near term target.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.