Just noticed Huntley has changed to a sell recomendation citing uncertainty.
We are relieved we kept the high-risk tag on this stock and didn’t publish a valuation but after Wednesday’s announcement we’re removing the High-Risk Buy call and switching to Sell. Despite BBI’s quality assets it will be a long time before we could recommend BBI for our mostly conservative investors. Ahead lie months of uncertainty, strong share price volatility and the risk of more unpredictable bad news, for example a deeply discounted equity raising.
mpany startin
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