It seems as though the BBP thread has attracted some latecomers, just like BNB did. Just be very careful. The daytraders appear to be buying and the smarts are dumping into that buying.
Many have been short BBP from months ago. Perhaps they are closing out their position by buying since it came out of suspension?
I'm not saying it is but this "could" be the final dead cat bounce. If it all goes pear-shaped, don't start whinging and blaming everyone else. Good luck to holders. If you get a good takeover offer, that will underpin BBI's NAV and that will be beautiful.
I just don't believe there is any equity value left after the second profit downgrade.
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