BLV 0.00% 1.6¢ blossomvale holdings ltd

takeover, page-5

  1. 3,628 Posts.
    Either that or someone knows more about the full year results than the rest of us, and they know it doesn't look pretty.

    I got out before the re-capitalisation (thank goodness) and it may be worth a risk at current levels, but IMO no reputable company would go near this mob at the moment until they get back some credibility, respect, and above all, profitability.

    It doesn't matter how low the share price is, I don't recollect seeing too many takeover offers for companies that are losing money.

    I reckon the roulette wheel at the casino is probably a safer bet at the moment.

    A very sad story indeed considering the potential they had.
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