BLY 0.00% $2.91 boart longyear group ltd

Like your upbeat mood and while I feel longer term we will see...

  1. 639 Posts.
    lightbulb Created with Sketch. 1
    Like your upbeat mood and while I feel longer term we will see blue sky, I doubt we will see $1.00 or dividends anytime soon. Conservation of cash will be a priority here after Macquarie et al raped it and loaded it with debt and almost killed it - mgt will not be looking for a repeat of that debacle. My feeling is any run up will eventually result in a 2 or 3:1 share consolidation to remove some of the 4.5b odd shares now on issue that were created by the cap raising. Any relevant EPS forecasts going forward will command this.
 
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.