Globally, the resource industry is down. The information being released by listed companies with exposure to this industry points to downgrades in forecasts, not just in Australia.
Keep hanging in there BLY believers; make sure you have a stop-loss trigger, because when BLY finally updates the market, it will be a slaughter. They don’t have the diversification of service systems like ASL to help them; the once positive synergies of BLY are out of date in these current market conditions.
Globally, the resource industry is down. The information being...
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