Insider Buying: Boart Longyear Ltd. (BLY) Insider Purchases 54,600,000 Shares of Stock

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Boart Longyear Ltd. (ASX:BLY) insider Richard Wallman acquired 54,600,000 shares of the business’s stock in a transaction on Friday, March 8th. The shares were bought at an average cost of A$0.00 ($0.00) per share, for a total transaction of A$218,400.00 ($154,893.62).

Richard Wallman also recently made the following trade(s):

  • On Thursday, February 28th, Richard Wallman acquired 15,000,000 shares of Boart Longyear stock. The shares were bought at an average cost of A$0.00 ($0.00) per share, for a total transaction of A$60,000.00 ($42,553.19).

BLY stock opened at A$0.00 ($0.00) on Friday. Boart Longyear Ltd. has a twelve month low of A$0.01 ($0.01) and a twelve month high of A$0.10 ($0.07). The company has a market cap of $105.19 million and a price-to-earnings ratio of -1.00.

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About Boart Longyear

Boart Longyear Limited, together with its subsidiaries, provides drilling services in the United States and internationally. The company operates through Global Drilling Services and Global Products segments. It manufactures and sells drilling equipment and performance tooling to drilling services and mining industries.

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