BLY 0.00% $2.91 boart longyear group ltd

Hi Selmax,Bought a stack @12.7c Average, doing well on this...

  1. 342 Posts.
    Hi Selmax,

    Bought a stack @12.7c Average, doing well on this stock.

    I believe due to the GFC, Collapse in commodity prices,
    high debt levels bly was virtually priced for administration.

    Since then commodity prices have improved, credit markets are no longer frozen, interest rates have reduced hence this stock has been re priced.

    IMO this stock could run up higher.

    These are my opinions only, please DYOR.

    I have been more wrong than correct.Good luck to all holders.
 
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Currently unlisted public company.

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