BLY boart longyear group ltd
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If the major share holders hold their nerve, then CB has no...

  1. Risso1
    126 Posts.
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    02/07/19
    11:39
    Post #: 39331789

    If the major share holders hold their nerve, then CB has no other option but to initiate a TO offer to grab the business.

    Though, unsure has to how long they are willing to hold on until this happens.

    Also, I think Ares did us a favour by selling 200M shares to the board. Sticks it to CB.



    BLY Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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