BLY 0.00% $2.91 boart longyear group ltd

may move up today, page-18

  1. 2,047 Posts.
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    If we look at companies that are in the same position as BLY ( IE companies with debt and need to raise capital) they have all posted massive losses (from asset write downs) and their future is still uncertain, Elders is a good example.

    BLY has only posted a 3 million loss and next year they are expecting profits of around 100 million and rising going forward. Those companies shares have gone up and performed very well after their shares were issued and trading.

    I think BLY ATM looks very attractive as a low risk investment but at the same time looks attractive as a potential growth stock.

    So for those holding now do not get sucked into selling a stock with practically no risk/debt, hold and you will be rewarded.
 
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Currently unlisted public company.

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