BLY 0.92% 54.0¢ boart longyear group ltd

BLY must hold the world record for the number of shares in a...

  1. 1,532 Posts.
    BLY must hold the world record for the number of shares in a company - just over 26 billion shares. Obviously they need to recapitalise and a 1 for 10 or maybe 1 for 100 consolidation is probably in the offing. Those creditors that were forced to accept BLY shares @ 2c each in lieu of moneys owed don't want shares in BLY so most of them will readily jump out of the stock @ 2c. Now it seems that some are desperate enough to sell down to 1.5c. Should be a top opportunity to trade this stock between 1.5 - 1.6 and up to and including 1.9c eh!!!! I've got mine @ 1.6c and am in the queue @ 1.8c
 
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Currently unlisted public company.

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