It isn't really that surprising to see a lack of support after...

It isn't really that surprising to see a lack of support after the issue of all those new shares, particularly after the disappointing half yearly results and earnings at the lower end of guidance. There are some substantial holders who are selling and until they are finished there will continue to be downward pressure on the share price. Supprt at 29-30c is looking a little shaky and I don't think we've reached a bottom yet.

A good announcement however could turn things around quickly. We are starting to see some engineering firms announce big contract wins. Hopefully BOOM are not far of some decent contracts. They are still hiring which is a positive.

If the economic recovery is real, BOOM at these prices will hopefully prove to be a good investment. I've got a parcel I will leave in the 'bottom drawer' until we hear more news. I hope we won't see another capital raising.

Good luck to all holders.