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0.00% $2.91 boart longyear group ltd

We may never find out what happened with this cap raising....

  1. CL27
    2,484 Posts.
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    07/09/09
    17:57
    Post #: 5609212
    We may never find out what happened with this cap raising. Snatched defeat from the jaws of victory.

    Should have gone up today. The retail shareholders have been crucified.

    Looks like there will be a big shortfall. But, I have maintained that is what they were after. May be a good sign for future sp movement if the underwriters are happy to take all they can at 27c. Mind you they sold some in the thirties, so they have made profits plus their fees.

    Love to know at what point they will fire up the sp?????
    BLY Price at posting: $2.65 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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