BLY boart longyear group ltd

too oversold

  1. 199 Posts.
    Profit up 26%
    Revenue up 15% Revenue pre gfc level When share price was $18
    Dividend up 33% i.e. 6.4 cents
    Earning per share 21.3 cents

    It's too oversold share. Panic selling with fear, fear of Iron ore prices falling, but all the analyst are saying iron ore prices will be around $120 by next few months.
    That's why Andrew Forrest is buying shares in FMG.

 
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Currently unlisted public company.

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