BLY
Click for more information
0.00% $2.91 boart longyear group ltd

should be a good trade, page-2

  1. risk41
    1,196 Posts.
    lightbulb Created with Sketch. 75
    clock Created with Sketch.
    16/10/17
    11:03
    Post #: 27927132
    The 566M Class A and 361M oddClass B warrants that are earning 7% are being converted to shares.
    There is a risk these guys want out and will accept any price above their conversion which is US 0.6c for class A and US 1c for class B.

    Pretty risky play here. Deep losses have been made and interest on debt still high. Next quarters results ill be interesting. Good luck turning this one around.
    BLY Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

BPH BPH Energy wraps up Q1 with $6.6M in cash but Canberra still stalling shareholders on PEP-11
right-arrow Created with Sketch.
BB1 Why Princeton Professor rates BlinkLab's autism & ADHD screening app
right-arrow Created with Sketch.
EV1 Evolution Energy flags successful anode testwork in potential game-changer
right-arrow Created with Sketch.
NEWS Dreadnought hits expected mineralisation through drilling at Yilgarn targets
right-arrow Created with Sketch.
HLX Gold anomalies across several kilometres impress Helix in NSW
right-arrow Created with Sketch.
NEWS Quarterly Wrap: Frontier Energy & Haranga Resources
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add BLY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.