BLY 0.92% 54.0¢ boart longyear group ltd

Yes. It's the FY report coming up. Hopefully the milestones are...

  1. 489 Posts.
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    Yes. It's the FY report coming up. Hopefully the milestones are explained well and things are looking up. The 26B shares is a problem in the short / medium term. Having said that, any euphoria can easily push this to 10c. Usually HC posters will say the share price will never reach this level or that level due 'market cap' (I prefer to measure valuation in terms of PE), but it can reach much higher prices than people think in acute phases of good performance or news, regardless of what the dilution is.

    I also think BLY has a good chance of long term recovery (meaning pay debt off and perform share buy-backs), due to their potential for multiple revenue streams and large footprint. Talking years. But again even this can happen quicker than expected. One day it can be priced much higher.
    Last edited by Bullspike: 03/02/18
 
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