Yes I think your right,with all commodities rising over last 10...

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Hawksbud

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06/01/18

20:59

Post #: 30097829
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Originally posted by 5Candles ↑

I thought sudden volume increase may be due to traders getting ready to pump for next positive quarterly. And sell the news like last time. Then I found this. Anyways, good to know that the wide market realize that BLY may be undervalued and see the potential. For the last month or two, it hardly traded 10 M shares a day. All of the sudden 200M shares traded today. It may trade around 2.0 C with the expectation of good quarterly result. The share price should then fall or continue to rise based on the result.

https://www.fool.com.au/2018/01/04/these-3-shares-are-charging-higher-into-2018/

Boart Longyear Ltd. (ASX: BLY)
2017 certainly was a long year for Boart’s shareholders who watched the company’s share price drop by almost 90 per cent.
But 2018 is looking better for the Boart share price, having gained about 9 per cent on Wednesday.
Boart, a leading supplier of drilling services, equipment and tooling for mining and drilling companies, with a market value of $315 million, may turn things around this year.
In the quarter ended 30 September 2017, Boart reported revenue of $70 million, 14 per cent up on the prior corresponding period.

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Yes I think your right,with all commodities rising over last 10 weeks this could burst out with the next quarterly in profit, in the meantime slowly rise to 2c until next announcement, interesting play ,I think value here, I got caught up in last pump n dump, sigh

BLY Price at posting: 1.4¢ Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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Yes I think your right,with all commodities rising over last 10...

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