BLY 0.00% $2.91 boart longyear group ltd

asx/asic/algo trading, page-21

  1. 5,583 Posts.
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    I like looking at it from earnings + valuation adjustments as return to shareholders. The dividends are the immediate cash returns to shareholders.

    Bought a little expecting the sp to bounce from the support line connecting the post consolidation and euro banking crisis lows. Not to be, my next buy in levels will be $2, being the price target from a symmetrical triangle breakdown, and $1.80, being the projected price move from a longer term ABC retracement.

    The market's such a crazy place, the share price has dropped 50% in the space of two months.
 
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