BLY 0.00% $2.91 boart longyear group ltd

is this the same company?, page-8

  1. DSD
    15,757 Posts.
    While i don't reckon the USA/European mkts have reached capitulation i believe BLY had its own 'capitulation' some 4 weeks ago when it collapsed to 7c. The turmoil has driven out those unable to hold-on. Now its on a long slow but steady climb back to 30c. It may well go on to reach 35-40c by year end. Who knows? But i sense the worst is over for BLY and debt reductions along with profitable operations will ensure it meets its obligations. The mkt will continue to respond to this new perception/realisation.
 
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Currently unlisted public company.

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