BLY
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0.00% $2.91 boart longyear group ltd

I hope the entire sector gets a nice tailwind from increased...

  1. powertool
    689 Posts.
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    09/01/18
    17:15
    Post #: 30168143
    I hope the entire sector gets a nice tailwind from increased resource expenditure (up 16% in the last qtr according to todays Fin review).

    Personally I prefer Swick (SWK) to BLY but both should benefit. SWK has the same upside but not the huge debt.

    Still debt turns into leverage in a rising tide so BLY is worth a modest punt as well.
    BLY Price at posting: 1.3¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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