BOL 0.00% 15.0¢ boom logistics limited

The mkt value is 60m, yet Bol reports net assets of 300m. There...

  1. 101 Posts.
    The mkt value is 60m, yet Bol reports net assets of 300m. There will have to be a massive write down of bol's assets sometime soon given the industry. I still think at this moment they can salvage at least 20 cents of value if they sold everything.

    My concern is in the last half year head office costs went up even as the workforce has been trimmed. If u aggressively cut costs or sell plant, than execs must also take pay cuts, which is y without liquidation, the cranes will not b sold!!

    Problem with cutting the crane driving workforce equals less cranes available to b hired. Bol need to cut capex and overhead, to be more competitive, 40m capex was a shocker in the last half.
 
watchlist Created with Sketch. Add BOL (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.000(0.00%)
Mkt cap ! $62.86M
Open High Low Value Volume
15.0¢ 15.0¢ 15.0¢ $3.757K 25.04K

Buyers (Bids)

No. Vol. Price($)
3 345325 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 297816 7
View Market Depth
Last trade - 15.06pm 05/07/2024 (20 minute delay) ?
BOL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.