You read me well NewB :) it's certainly a thought in my mind.
My average buy price for my FKP stocks bought prior to the issue is under $1.30 and I got there by attacking a loser which few people wanted at the time and which seemed very good value. For me, Boart fits that description too. There is always a risk in this type of approach but it has worked for me overall.
GPASAS
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