BLY has proven it is a well run company. It saved itself last year, and we as shareholders, should thank them for doing so. However, at the moment the market is in a bad place, and the share price is suffering. I sold out of my position, and I had a large number of shares. All mining companies and associated companies are falling, even though BLY has operations all over the world, and is cushioned against the Australian mining industry. I took a closer look at the number of shares on the bought side, and was unimpressed by the lack of interest. The buyers have definately deserted, but I must admit I am waiting for a lower share price as well. The market is not a safe place to be at the moment.
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where is the floor?, page-14
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