BBG 0.00% $1.05 billabong international limited

opening sp, page-11

  1. 109 Posts.
    There has been too many seizing the day at others expense.
    The company is still alive ...yes...but every time it comes to the surface for a breath of air someone is pushing its head back under the water again,
    not the ideal way to survive.
    It is on life support and every one wants to pull the plug.
    It could not pay normal bank interest now its paying 500-600 basis points above what it was before....get real.....
    I am being a realist here, these vultures don't fix things,
    there is no 7 year plan thats a smokescreen, they will be out
    in under 12 months and the bong will be no more, I hate to
    say I told you so but I will be back when the dust settles as it will.
    It will go sub 10 cents soon after the deal is signed and approved by the
    50 shareholders who control more than 50% of the votes, the Other 20000 wont matter. Gordon has made his millions flogging the company to the public he doesn't really care anymore and why should he. Maybe he thinks the SP will go to $14 again.....good luck with .that one.
    This is not a Pollyanna story if it were I would be singing its praises because I like good news stories and happy endings.
    I do not see a happy ending here though. sorry....
 
watchlist Created with Sketch. Add BBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.