BLY
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0.92% 54.0¢ boart longyear group ltd

Looks like Ares or friends are still dumping.They just let the...

  1. breadwinner1
    304 Posts.
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    28/02/19
    16:38
    Post #: 37607376
    Looks like Ares or friends are still dumping.
    They just let the buy side build up to a certain amount, then do a big dump.
    Obviously not interested in letting the SP appreciate.
    Suppose that's what happens when you go from 1b shares to 26b to relief some debt.
    Biggest BS ever they still have US$683m net debt.
    So wish this company had just folded.
    Death by a thousand cuts.
    BLY Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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