BLY 0.92% 54.0¢ boart longyear group ltd

Bly had a huge red flay on it 18 months to 2 years ago and...

  1. 831 Posts.
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    Bly had a huge red flay on it 18 months to 2 years ago and everyone knew the debt was huge and the gear was aged - and some where to blinded by their losses to hit the sell button - i had a great day mowed a lawn played with my dogs and worked on my yabbie aquaculture project - now back to Bly at 1.2c 600 mill in debt - wroughted the shareholders hence the 1.2c sp and only operating because ( the banks want their money back) im not downramping the sp says it all - how much do the debt holders own 80% - i still havnt looked - so the debt holders that are owed 600 mill snd have a controlling vote of the company hey - this is a 5% pip trade at best
 
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Currently unlisted public company.

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