BLY is in claws: unbelievable debt (who runs this business to allow such debt ?) and general tough environment and bad prospect for servicing companies.
Even sound guys like MND, WOR, DCG, NWH suffer badly on ASX now, so what about BLY - to me it is a bankrupt in disguise. I sold BLY months ago near $1 mark (with small loss) when I found out that BLY started firing people at mass.
It is one of the highest risk stocks to hold (remember FGE story !).
I would be surprised if it is not either delisted or goes into admin by the end of the 2015.
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