let’s recognise the lag effect of asset purchases vs delivery and utilisation .
I think the main game here is a change in pricing philosophy. The ex CEO was more concerned about utilisation at tiny margins vs realign business to where high margin work can be obtained . The new team have a new philosophy. Like most business Boom has had to deal wlth staff shortages , higher costs and delays in some of their bigger projects. The stock is pricing on no recovery. This is where the opportunity lies , any form of success will result in a lot of upside
the other thing worth noting is this company burnt many fundies many years ago and it’s only now where that scar tissue has started to heel
it has so many similarities to MMA and although it may not be a 4 .5 bagger from here over 2 years , surely it can trade at 75% or it’s NTA in a year at around 20.5 c
- Forums
- ASX - By Stock
- Ann: Notice of Results - FY23
let’s recognise the lag effect of asset purchases vs delivery...
-
- There are more pages in this discussion • 2 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
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add BOL (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.03M |
Open | High | Low | Value | Volume |
14.3¢ | 14.3¢ | 14.0¢ | $59 | 417 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 346191 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 1632547 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 346191 | 0.140 |
7 | 1048302 | 0.135 |
6 | 181811 | 0.130 |
2 | 206000 | 0.125 |
3 | 16340 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 1632547 | 7 |
0.150 | 256017 | 4 |
0.155 | 308800 | 2 |
0.160 | 527611 | 4 |
0.165 | 5715 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
BOL (ASX) Chart |