BLY 0.92% 54.0¢ boart longyear group ltd

Net debt is still around USD$616m, Enterprise value is $1.1b at...

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    Net debt is still around USD$616m, Enterprise value is $1.1b at the moment.
    A small portion of the Debt converted into shares, and substantial holder keeps dumping, still has 3.6 billion shares to sell.
    Can they survive?
 
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Currently unlisted public company.

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