final bid of $1.80?, page-45

I also don't think its good in regards to a bbg take over, as it further demonstrates the rough seas battering the industry.

I don't however think it will have any effect on the BBG takeover. I would expect Brian and TPG would both know what they are prepared to pay and they have both (more so TPG) spent money to get into the position they are, I cant see them bailing just because of this news. Further to this, although Rip Curl and the bong the both are both surf brands with a similar target audience but they are vastly different companies as far as brand diversity, market reach and size go.

I did run the sums of getting out today, at 1.46 I could take a humble profit and be quite happy however I feel this will sell for around the 1.80 mark have decided to hold on and see what happens next.

That being said, I would be a hell of alot more comfortable if they were keeping the market informed of pricing of offers or of board expectations etc as it would give me the option of booking in a profit sooner and not having to play this +30% -30% game but oh well.