BLY 0.00% $2.91 boart longyear group ltd

this is ridiculous.....SPP closed a week ago and still no...

  1. 198 Posts.
    this is ridiculous.....SPP closed a week ago and still no news....very poor....very small raising and they have no clues on scaleback yet?

    bought at 26.5c today on the assumption there would be a scaleback - this stock is ridiculously cheap post clearing up debt issues and rebound in mining/exploration. They had only allowed for a 33% full SPP take up in their capital raising estimates and given where the price was before the SPP closed you would expect at least 50% to go the full $15k....perhaps more. I am banking of scaleback to max of $10k.
 
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