The loss is more akin to opportunity cost. Capital has been preserved.
2 weeks ago with JB at non executive Chairman, BID was great; even according to the great man himself. He wants greater control and is rebuffed by a BoD which was and is happy with the CEO.
Now BID is bad according to the great man himself and some fans here.
Maybe it will work out. Maybe it won't.
It is like being given a scratchie . Do you sell to the newsagent at face value because you may lose? Or do you keep it?
BID Price at posting:
$1.13 Sentiment: Hold Disclosure: Held