It will need to reach $6.00 to be where it was on float day Apr 07 ($1.85) after the massive dilution and then the overly aggressive 1:10 consolidation. I won't be going anywhere until we see those levels again - this thing is far better than any of it's local peers and you need to look to MDI and Layne in Canada for an indication of where weare headed. The 12 to 18 month time lag will see us smiling when the August 23 results and forecasts are released.
BLY Price at posting:
$3.08 Sentiment: Buy Disclosure: Held