BIG 0.00% $2.22 big un limited

Ann: Trading Halt, page-335

  1. 207 Posts.
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    Just in my opinion but from what I have read here and elsewhere, it seems that the financing doesn't make a huge part of their operations. The problem might be about the collateral agreement with big review tv (not big un) and how this works exactly.
    I do think they can get out of this alive, although not unscathed. However, it is certainly better for them to learn a lesson in proper disclosure sooner rather than later. Of course then, it is sometimes difficult to draw the line for how much should be disclosed to the market and what could be considered "sensitive information". Will be interesting to see what happens but I think possibly an initial drop but, assuming continued growth, it should recover in the long term. Depending on the trade update and half yearly, the effect may even be reversed. It really depends on the market: how much can they read into such articles (how much time does a retail investor have to do this?).
    Can only wait and see today (tomorrow Swedish time) but I do think Big will have an even more thought out answer this time. Fun times. All in my opinion.
 
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