BLY 0.00% $2.91 boart longyear group ltd

double bottom perhaps, page-24

  1. 5,522 Posts.
    lightbulb Created with Sketch. 330
    Hi Dacata. I know what you're saying about EHL. I should've had a stop loss in place but didn't. It's too late for me now though. I'm going to hold on from here. Fundamentally too cheap & should be more resilient than BLY in this downturn. Companies would surely prefer to rent than buy expensive mining equipment in this environment. Debt doesn't mature for 3 years. PE of 1.5 & NTA of 78cps. It must turn soon. Surely. When it does, I expect it to follow BLY's up & down trading pattern. Anyway, we'll soon know what's in store for both EHL & BLY once the HY results come out. In the meantime, it's all speculation.

    Cheers,
    Z.
 
watchlist Created with Sketch. Add BLY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.