BOL 0.00% 14.0¢ boom logistics limited

anybody care to discuss the profit result?

  1. 793 Posts.
    lightbulb Created with Sketch. 21
    The only positive for me is i only applied for the least amount of shares $1000 just as i suspected not a good result and nothing positive coming anytime soon crane utlisation rates are falling which i guess means more cranes sitting idle depreciating. This is a highly competitive industry and Perth and other citys have alot of smaller players that dont have to look after SH'S and pay ridiculous salarys to management.
    Im only new to this investing game but i can see how it works put a good news story before the end of a SPP then tell the real story after they have your money when you look at it this way management are doing a good job?
 
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