BOL 0.00% 14.0¢ boom logistics limited

1- u've gotta find a buyer with both the moolah and guts to take...

  1. 3,880 Posts.
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    1- u've gotta find a buyer with both the moolah and guts to take on those assets when construction and resources arn't doing much atm

    2-personally if i had 500m to play with, better off earning at least 4% at call rather than buy some assets which are just going to depreciate,rust an end up being written off

    3-shares trade at a huge discount because the earnings arn't there anymore,the mining boom IS OVER !.

    4-in respect of cap mgmt they don't even have the capacity to pay divi's

    imho only way to add value going forward is to tap the mkt for a heavily discounted cap raising @ 5cents to pay down large proportion of debt to free up future cash flows,then assess other complimentary business opportunities

    do nothing and they risk either being taken over or put into liquidation.
    i'm not a big fan of current mgmt so won't invest $1.oo don't care how many shares they personally buy to instill confidence in mkt to those already way under the money to try and keep them on board

    better value elsewhere but plse dyor
 
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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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