Boart Longyear shares halted

Drilling services provider in trading halt after shares tumbled on news of restructure talks.

Shares in Boart Longyear (BLY) have been placed in a trading halt, pending the release of an announcement, following news the drilling services provider has started talks with restructuring advisers to avoid going bankrupt. 

The group's shares will remain halted until the start of trade on July 18 or when the announcement is released, whichever is earlier.

Boart Longyear last week said media speculation that it was going into administration was incorrect.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles