I agree...doomsayers can say all they want (especially is they're shorting the stock); but I think bedandbreakfast at $0.8 is worth the punt. Babcock, Green and the board and execs still has clout in the financial sector to broker out a deal with banks. Too many people wouldnt want this businesss to fail. And Like it or not, their business model is a resilient little bitch. Some book value est with firesale of assets still value them at $5-6 mark.
So I'll put my money where my mouth is, knowing that I might lose it, but it's a damn fair play.
Wow! 15% down on open! hahaha. I might eat my words yet.
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