new offer from gold coast consortium, page-26

you are dead right! from another poster, "brokeabong"!
cannot raise money - too dilutive
their leases and inventory ( know one wants). The real problem is the name being Iconic for a very long time, but as other Iconic names have collapsed such as in the US Woolworth Department store, Penny's is next and Sears is not far behind.
I saw a ski jacket in an rei store in the US this winter.
Who wants a jacket that has the name Billabong completely covering the front of the jacket! company living in a dream that has turned into a nightmare. A bad takeover strategy only made thinks worse by letting the sharks really see how bad thing are and how bad they will be. I think chapter 11 is where bbg is headed. It saves the name and everything else is sold of to pay the debt- yields zero for shareholders. I is now to late to get out because the stock is suspended! I am sorry to say that even in the US market this would never have happpened.