BOL 0.00% 14.5¢ boom logistics limited

Ann: Change in substantial holding, page-12

  1. 382 Posts.
    lightbulb Created with Sketch. 28
    Autosime will add some more points

    I've been a holder for a while too, since the new management have come onboard we've seen them initiate the buyback for 10% of shares, plus management have seem to come around to upping their rates for their cranes which should keep margins growing. I suspect that the previous management were focused on growing rev vs shareholder return.

    I started buying at 15c and have averaged down multiple times. Finally see this company turn is very encouraging.

    With Collins Street upping their holding to 14% from 10%, it's likely we'll see the company continue to pursue a buyback strategy once they complete the 10% buyback.
 
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15.0¢ 598262 6
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