Boart Longyear has hired Houlihan Lokey to assess capital structure options, noting that an "improved capital structure is required to ensure long-term sustainability and capture market recovery."
"There is material uncertainty about the ability of the company to continue as a going concern in the future and, therefore, whether it will realise its assets and settle its liabilities and commitments in the normal course of business and in the amounts stated in the financial statements," the company said at its half-year results.
Houlihan is also nutting out restructuring options for earthmoving equipment company Emeco.
Read more: http://www.copyright link/street-ta...-capital-review-20160822-gqy3c1#ixzz4I3ytWThU
Follow us: @FinancialReview on Twitter | financialreview on Facebook
- Forums
- ASX - By Stock
- BLY
- Ann: 2016 Half-Year Results Presentation-BLY.AX
Ann: 2016 Half-Year Results Presentation-BLY.AX, page-9
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online