BLY
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0.00% $2.91 boart longyear group ltd

Well it wasn't just relaxed debt covenants, but they also...

  1. allatsea
    2,989 Posts.
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    09/04/15
    14:14
    Post #: 15057818
    Well it wasn't just relaxed debt covenants, but they also received significant working capital from the centrebridge deal/recap.

    Fair enough conditions continue to be tough but I find it hard to believe the company will have no cash by mid-year.

    In any case, we are up 30% since the recap., good news for us long-suffering holders!
    BLY Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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