I’m sorry for being very naive about BOL. I looked at it once 5 years ago & now just briefly looked at it again.
I have no industry knowledge but I do understand numbers.
Whilst BOL have tried over many years to make a profit, it seems for some reason the business model will never make a respectableis Return on Capital (ROC). My rule basic rule of thumb is a business needs to make 10% on its net assets or its not a good business.
knowing this, why can’t BOL management start to seriously sell down a ,it of their Cranes and return capital to shareholders OR sell down cranes and redeploy capital in better hire/infrastructure businesses that can make a respectable ROC.
So I guess my main question for industry insiders that know what a crane is worth, how realisable and what kind of dollars would BOL get if they sold their assets over say 1-3 years?
thanks all and sorry for the long winded email.
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14.0¢ |
Change
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Mkt cap ! $59.03M |
Open | High | Low | Value | Volume |
14.3¢ | 14.3¢ | 14.0¢ | $249 | 1.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 108547 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 50069 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 108547 | 0.140 |
2 | 314000 | 0.135 |
2 | 15349 | 0.130 |
1 | 6000 | 0.125 |
2 | 8340 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 50069 | 2 |
0.150 | 835472 | 5 |
0.155 | 969172 | 7 |
0.160 | 550000 | 2 |
0.170 | 280683 | 3 |
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