No body here are saying Boart Longyear business will die !.
Posters are only discussing the possibility of debts holders to call in the admin and take it privately. Equity holders would usually end up with zero in that case.. Surely the new owners would do a rebirth IPO in a few year times to attract the new suckers.
BLY Price at posting:
15.2¢ Sentiment: None Disclosure: Not Held