Ann: First Quarter 2018 Results, page-19

Consolidation is not always bad news if the company is now clearly in a turnaround path (look at Lynas).
Investment fundies are not allowed to put their fund in a 1- cent stock as BLY currently is. But will be a different story when the performance improve and so does the sp.
If Ausdrill(pity I missed the big turnaround) can make a 10 times + rally, why can't Boart??

quarter on quarter BLY has made solid and stable recovery since 2016, I think the hard work has been laid. and the operation improvement will suddenly accelerate in next half.