Ann: Third Quarter 2017 Results, page-6

Boart has the fleet, customer base and technologies.
It has big work force of over 4600 workers, and that used to be too big a headache to get rid off. With the logbook improving this is now a positive, as it doesn't need to recruit new workers for works/contracts.

Now if the turnaround is real (seems likely, already 3 quarters consistent improvement), BLY will do a ASL style rocket-up.

BLY's problem, was mainly the heavy debt, not operational.
Now the massive dilution is done and debt is around 10% of last year, any tiny EBIDA or profit improvement will be a huge positive. already the revenue is set to approach US$800 millions by year end, that's exciting.

I am not expecting sharp rise of share price, I would rather to see if this operation performance will further improve next quarter and next year.

If it does Board will be ten folds of today's price.