BOL 0.00% 14.0¢ boom logistics limited

well, it has been plying between 38c to 40c for last few months,...

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  1. 1,201 Posts.
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    well, it has been plying between 38c to 40c for last few months, but for it to go back to 30c what you need is increase in debt, cancelation of dividend and losing major contract or any one off cost hitting books but do you really want to buy when books are full of debt and not paying debt or buy when books are in good shape and paying dividend?

    obviously, individual choice but sometime gambling by thinking buying AVG at high NTA discount is cheap and someone might takeover but instead things end-up into capital raise so i go for something with stable books i guess ! BOL has been paying debt but still not ready to pay dividend has higher debt while MSV has much lower debt, paying dividend and next dividend is now confirmed as well so choice wasn't difficult for me.

 
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