BLY 0.92% 54.0¢ boart longyear group ltd

should be a good trade, page-147

  1. 489 Posts.
    lightbulb Created with Sketch. 46
    They won't issue more shares anytime soon. They've just had the re-structure. The positives are:

    - They'll save some interest payments due to the re-cap
    - Commodities are making a recovery which leads to increased drilling
    - They are diversifying via data analytics eg Tru-Scan
    - Whatever other business restructures they've done will assist the bottom line
 
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Currently unlisted public company.

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