BLY
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0.92% 54.0¢ boart longyear group ltd

Consolidation is not always bad news if the company is now...

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  1. newB
    3,534 Posts.
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    05/05/18
    10:34
    Post #: 32902624
    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.
    BLY Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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