Possibly the reason for BYL on paper being a contrarian BUY with NTA 45c, Investment Value anywhere from 50c to 70c, with earnings and share price curves moving inversely, can be found by going to the list of shareholders. BYL remains unloved by the major investors. Financials to date are healthy. Debt/FCF is healthy even though Debt/Equity looks high. Full year result and dividend announcement in August will surely put the cat among the pigeons.
BYL Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
