daytraders will be in there today and so there might be oppotunities to get out of BEPPA at a good price. The announcement makes an interesting read but given that BBI now admits that asset sales have proved challenging (see page 2/3) you can bet the "cornerstone investor" will extract a high price for their involvement.
Time to be careful, I think. Traders will be in there today, too....
Coop
BBI Price at posting:
7.8¢ Sentiment: None Disclosure: Not Held