opening sp, page-5

I reckon the (inside) traders have priced BBG last few days about right at 25c for open tomorrow. Many conflicting issues with strings attached.

Unfortunately looks like Altamont have it all stitched up and BBG directors had no alternative but to bend over. Can't see anyone competing with what's on table.

What is annoying is that these (too) highly paid BBG directors had very little if any foresight to see wood for the trees.

By the way, where's Naude?

I haven't got a lot to lose (small position) at 25c, but feel for those in at much higher prices and getting shafted due to inexplicably poor management over the last few years.

Recap smells like TPI to me.... And hasn't done all that much for shareholders there.