BLY
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0.00% $2.91 boart longyear group ltd

BuyNHold,No, because that would assume that everything...

  1. BH!
    2,521 Posts.
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    22/04/09
    13:49
    Post #: 5039411
    BuyNHold,

    No, because that would assume that everything (including depreciation and amortisation) would drop by 68%. It won't. D&A are relatively fixed and will be close to last year's $86m, because they are depreciated at a relatively steady rate over an asset's useful life.
    BLY Price at posting: 10.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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