BLY 0.92% 54.0¢ boart longyear group ltd

should be a good trade, page-80

  1. R21
    565 Posts.
    lightbulb Created with Sketch. 9
    10c implies a roughly 2.6bn market cap.
    Add the debt and that would be enterprise value of over 3bn!
    Revenues are probably a quarter of that.

    I think the tide has probably turned too but 1.5-2.5cents is the range IMO unless there is another boom bigger than the last.
 
watchlist Created with Sketch. Add BLY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.