BLY
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0.92% 54.0¢ boart longyear group ltd

should be a good trade, page-2

  1. risk41
    758 Posts.
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    16/10/17
    11:03
    Post #: 27927132
    The 566M Class A and 361M oddClass B warrants that are earning 7% are being converted to shares.
    There is a risk these guys want out and will accept any price above their conversion which is US 0.6c for class A and US 1c for class B.

    Pretty risky play here. Deep losses have been made and interest on debt still high. Next quarters results ill be interesting. Good luck turning this one around.
    BLY Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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