I guess it's not surprising to be hit hard on the share price when you think about resources slowdown, economic slow down, China slow down, manufacturing slowdown... and that lovely big debt to equity ratio worn as a badge by Bradken. The only thing I know is that when the share price does recover, it will be faster than most other companies as it's a well run company. Could be a while though eh?! I notice today hit a new low below 2.50. Bottom drawer for these shares for now! Given up calling the bottom on this one.
BKN Price at posting:
$2.50 Sentiment: None Disclosure: Held