No need for a query .. the financial report on 26 February is obviously what did the damage. BLY could NOT provide a forecast for 2009 .. they can't say how far reveue will fall.. Therefore Huntley's recent assessment is looking likley to be right .. that is BLY could well struggle to refinance. And the market HATES uncertainty.
Very long raod back for BLY I reckon. I was in and out of it expecting a big bounce but the financials disappointed. Mostly I have lost a little each time .. tired of that and will now stay away.
H
BLY Price at posting:
5.6¢ Sentiment: None Disclosure: Held
