BLY
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0.92% 54.0¢ boart longyear group ltd

Ann: First Quarter 2018 Results, page-27

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  1. ML173
    7,495 Posts.
    lightbulb Created with Sketch. 74
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    11/05/18
    14:47
    Post #: 33039418
    The fact is the company still hold a big debt $616mil. It needs to be serviced from surplus cash flow to the tune of $100+mil annually. Very little room to load more debts..

    It’s basically an US company now with US headquarter and debt holders base. Why the heck is it still listed on the ASX is beyond my comprehension...
    BLY Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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