BLY
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0.92% 54.0¢ boart longyear group ltd

Can you read properly??? It was a great deal for the noteholders...

  1. 8horse
    26,847 Posts.
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    06/06/18
    16:49
    Post #: 33538675
    Can you read properly???

    It was a great deal for the noteholders who got 96% of the BLY shares.
    Effectively reduced debt by USD$108m, but received shares worthy more than $200m.
    BLY still has net debt of USD$616m, that's excessive.
    BLY Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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