BLY
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0.92% 54.0¢ boart longyear group ltd

Bly Total share percentage, page-14

  1. sydshare
    2,025 Posts.
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    13/10/17
    14:18
    Post #: 27886797
    Management got booted. Nothing to do with their earlier upbeat comments in Aug.....not.
    $600 mln in debt with Hedge funds in control and tried to support the SP @ 2 cents.
    Plus ASX and ASIC took 2 days to ask them why the SP had fallen over 50 % it seems nobody cares.

    Shades of SGH and Gordon Gecko (asset stripping or what's left)

    Yep it hurt me and I bailed when it fell under 2 cents.
    Sucks!
    BLY Price at posting: 1.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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