Boart confident ahead of recap

SHARES in Boart Longyear jumped by 20% after a court approved a debt-for-equity swap and the contractor reported higher first-half revenue.

Boart confident ahead of recap Boart confident ahead of recap Boart confident ahead of recap Boart confident ahead of recap Boart confident ahead of recap

After legal challenges, the capitalisation was approved, with a US hearing to follow next week, which will pave the way for implementation in August.