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Small Cap Stocks Down Under 31 December 2021: Boart Longyear Group, HealthCo Healthcare and Wellness REIT, Best & Less Group
Boart Longyear Group: Free at last
In today’s edition of Small Cap Stocks Down Under, headquartered in Salt Lake City, Utah (USA), but incorporated in Ontario, Canada, the Boart Longyear Group is one of the oldest mining products and services providers listed on the ASX. The company was founded in 1890 and over the last 132 years has expanded its operations into three main divisions: global drilling services, geological data services and global products. Things have not been going well for the company over the last few years and Boart was forced to swap $1.1bn of debt into equity. Now that Boart’s debt is finally under control, is it time to drill into this stock?
Also in today’s edition, a look at healthcare REIT HealthCo Healthcare and Wellness REIT (ASX: HCW) and clothing and accessory retailer the Best & Less Group (ASX: BST).
Click here to read the previous edition of Small Cap Stocks Down Under published 23 December 2021