BOL 0.00% 14.0¢ boom logistics limited

I think that's what you call an opportunity! Taking advantage of...

  1. 2 Posts.
    I think that's what you call an opportunity! Taking advantage of a micro cap stock that is under covered, media shy/poor at promoting, burnt investor base over the past 5 years and one that is too small to garner attention.....Good ingredients for success there.
    When even a holder such as Madamswer is so revolted by the company, this highlights the attractive contrarian nature of the opportunity in my view. I'm a bit more positive than Madamswer on the likely duration of BOL's upcycle which largely reflects how long the down cycle was, a lot of purging occurred and financing remains constrained.
    Psychologically, this has a lot of attractive features and the headline metrics are about as favorable as you can get with BOL trading on 4x Ebitda and 10x FCF, 35% discount to BV, balance sheet less than 1x Ebitda (lowest basically ever), momentum very strong in the business on both a top line and bottom line basis. Capital management optionality which is huge at current pricing and will hopefully be exercised by the AGM in November.....
 
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Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $60.80M
Open High Low Value Volume
14.0¢ 14.3¢ 14.0¢ $22.78K 162.7K

Buyers (Bids)

No. Vol. Price($)
2 101179 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 278210 4
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
BOL (ASX) Chart
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