What did you all expect? The company had a bundle of debt and they've managed to turn that around substantially which has put them in a healthier position.
Sure they've mentioned that the outlook is a little shady, but we are looking at times where developing nations like China & India are resource hungry and resources are going to continue to be in demand. Guaranteed work and growth for quite some time.. that's what I see.
I bought in for the long term.. If a dividend is issued in the next half that's a bonus. But I'm sure during this half we will see the company profits go up and up and up.
Just my thoughts.
BLY Price at posting:
$3.25 Sentiment: Hold Disclosure: Held
