BLY 0.00% $2.91 boart longyear group ltd

Ann: 2009 First Half Results and Capital Raising , page-51

  1. 342 Posts.
    re: Ann: 2009 First Half Results and Capital ... KEN & Buy,

    Agree with you yor comments, BLy is a leader in its field & share price dropped over 90% due to the GFC, downturn in the mining industry & concerns over BLY's ability to refinance its huge debts.
    It has now sinificantly reduced its overheads, & resolved its debt issues. It is now in a good position to capitalise in the growth of
    the mining industry with a strong balance sheet & increased margins.

    These are my opinions DYOR
 
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