Not a bad article overall ... but his speculation doesn't help! The ASX hasn't queried FMG and many others either .. there are too many to choose from!! LOL
BLY has clearly stated that there will be a fall in revenues due to currency changes ... but the Market Update went on to say that revenues are still strong, they have plenty of cash, are implementing restructuring and cost cutting, are well within covenants etc etc. Either bald faced lies .. or BLY is way oversold.
H
BLY Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held