In this environment everything is a risk. I to took big position in a few companies over the last 10 months and come of second best with huge losses.
I remember in june 2007 a finanaical planner that I knew was telling client to gear in to companies like BNB (50% gearing) back then BNB was trading around the $30 mark and a one year price target of over $40
When you look where BBI is trading if it survive in the short term you will make huge gains, I feel that these quality assets will eventually reflect its value as it reduces it gearing.
I put all my remaining capital into BBI hope it survives if it goes under I have no one else to blame but myself and 10 year work down the drain.
DYOR
BBI Price at posting:
2.8¢ Sentiment: None Disclosure: Held