nope...!
10% of the capital still needs to be bought back and those shorters would be geting mighty nervous now....
Also in the jan update the company elluded to the fact that its had a good start to this calender year....so it should have good news on the operational front to report back soon...
Also there is speculation that Gordon Merchant will purge the current management and board....and that is another good thing for the share price...
Did you guys read from teh Bus Spec & Australian article how TPG was sent an information memorandum about nixon...i.e they knew the price that BBG was aiming to get for Nixon...yet they pitched their offer so low?!? I reckon that would have pissed Gordon off too with them.....
Cheapskates!!! I reckon we will get back over $4 irrespective of another PE tilt or not....
Even if a PE tilt doesn't come....its giving us a comfortable floor price...
look back at the end of last year how BBG crashed to 2.80 and then was over $4 in two months....i tip a similar trend here
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