Boart has been pretty reluctant to make statements to the ASX. They probably don't want to be releasing a statement every time a project closes down :) Still, you would think winning a good contract like this one in their circumstances would warrant a statement.
The Fin Review hasn't mentioned the project win either as yet and it has been publishing lots of negative comments about Boart recently. They pointed out that Goldman Sachs had reiterated its "sell" recommendation on Boart. Fancy Goldman Sachs putting out a sell recommendation when we are employing them as a financial advisor. I would have thought that was a conflict of interest.
GPASAS
PS Breadwinner, thanks for your kind comment yesterday.
BLY Price at posting:
23.2¢ Sentiment: Hold Disclosure: Held