BLY 0.00% $2.91 boart longyear group ltd

Reiner, I have to agree with you re the share consolidation -...

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    Reiner, I have to agree with you re the share consolidation - that's why I got out a couple of months ago. I have to say I liked the report - I think its positive and as a result I bought back in having seen the SP get trashed in response to the ann.

    Cheers, Sharks.

    PS: Ashariar the divvy may be small but I think its as much a psychological move as anything - a show of strength to say that the company's position is strong enough now to pay back something to investors, but still wanting to maintain cash for working capital and contingencies in case of further market downside. Very sensible imo.
 
watchlist Created with Sketch. Add BLY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.