Mate this still has a while to play out.
$5.7m in assets held for sale. If they get them away in 2H17 BOL is looking at $43m debt with 2016 EBITDA of $10m. Still too much debt and appears to be:
* running out of options with asset sales
* little cash from trading left for debt reduction after net interest costs
* holding off capex which will need to reverse at some time in the future.
Don't put too much faith in the NTA figures - they keep getting hit with asset write-downs and impairments every time an asset gets reclassified as held for sale.
Recovery Story and undervalued, page-11
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $18.98K | 135.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173364 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 278210 | 4 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| BOL (ASX) Chart |
