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.....
 
watchlist Created with Sketch. Add BOL (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $60.80M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $18.98K 135.1K

Buyers (Bids)

No. Vol. Price($)
2 173364 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 278210 4
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
BOL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.