BLY 0.00% $2.91 boart longyear group ltd

Now that there are more evidence from China, India, Poland,...

  1. 2,020 Posts.
    lightbulb Created with Sketch. 225
    Now that there are more evidence from China, India, Poland, Germany, US ... that global economy is "at the brink" of recovery & metal & oil continue to climb I reckon some smart shorters might be covering their shorts.

    I am hoping for BLY to release some positive updates in regards to drill rig utilisation, debt paid down a bit, and positive progress on refinancing. When that happens those shorters who refused to cover their shorts now will have to scramble to cover at much higher prices. I'd love to see that happens soon.

 
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.