Though they said “there will be no impact”, I personally believe there will be a temporary impact on the BBP share price. It may go down to 2.4c (only if BNB goes to administration) then it’ll be a very good buying opportunity for BBP.
Last year September/October when BNB share price moved from 80 C to $3 , I made 50K from my investment of just 14K. I saved all those money and this time targeted to buy BBP with a share price of 2.4 c
I strongly believe there will be a take over of at least 20 c per share, but 10c will do for me :-)
We need to wait a while for the takeover.
At the moment I only hold 200K BBP share with an average of 40c.
Above are just my view, please DYOR
BBP Price at posting:
3.4¢ Sentiment: None Disclosure: Held