BLY boart longyear group ltd
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capital raising, page-8

  1. Blackrivered
    3,337 Posts.
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    14/05/09
    17:51
    Post #: 5137456
    BH is technically right, a cap raising at this level(if his debt/market cap figures are correct) would do little even if it was a 2 for one with a discount of 25% it does not cover a significant amount of debt so the only chance is that the banks refinance. i would be interested to know what is rediculous about that comment?
    BLY Price at posting: 11.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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