i agree kengalki this is an outstanding long term buy. bly has raised 700 million odd at 27 cents and now has little debt. it is in a recovering mining sector and has blue chip clients all around the world. i dont think i have seen a safer play from a asx 200 listed company that will gain at a minimum 50-100% over the next twelve months. once the spp shares are absorbed and they are getting taken out very very quickly i must say, then the sp will be easily pushed higher from the major insto's who all took large stakes. also most brokerage firms who cover bly have upgraded there buy recommendations over the last week or so
BLY Price at posting:
$2.90 Sentiment: ST Buy Disclosure: Held
