it all depends if BBI need to raise alot of funds, especially if csi walks, which could be the best thing for holders.
if BBI offer 5:1 to existing holders, many wont be able to participate fully. some like BNB may not participate at all.
if given the choice raise $600mil at 1c a share or raise $600mil @4c in a SPP, which would you chose?
$600mil for a $150mil company is difficult, but with a SPP its possible, even likely. new investors will buy into BBI just to participate and existing holders will benefit.
sure the new investors are probably only after stag gains and will be long gone in few months, but that only serves BBI purposes nicely.
BBI need help from outside. Help will cost them. But some options are better than others.
I have freed up some funds and am ready to try my luck with Beppa, but im willing and welcoming of help from any source to get BBI back on track.
If BBI are stubborn or proud, everyone will lose.
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