BOL 0.00% 14.0¢ boom logistics limited

Mrchumpy - I think you’re absolutely right. These guys have been...

  1. 274 Posts.
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    Mrchumpy - I think you’re absolutely right. These guys have been no good at capital allocation historically.

    buyback in the 15c-20c range, and nothing now that the stock is at 10c.

    big asset fleet, all the work of scheduling people around to operate them, and can’t make positive NPAT.

    as a shareholder absolutely mind boggling as to how this can happen with a relatively “simple” business.

    I think the leasing model isn’t necessarily bad. Vik Bansal took a similar approach at Cleanaway a few years back and returns are better and the stock has tripled...
 
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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
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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