In terms of two weeks time, what are your view points?
I mean by looking at market depth, I have the feeling that the little guys are battling and drawing blood, while the bigger fish are waiting to invest? Just because of the large breakout we saw a few days ago coupled with the fact that BBI does have cash generating assets which so far have helped the company survive the GFC shows there may be insider knowledge or positive sentiment.
Does it make sense that the corner stone could be looking to accumulate BBI sub 8c? Because BBI are still in negotiation with the cornerstone there could still be a recap? They really only have three options, refinance which will still put them in a grind>or negative/steady sp, debt underwritten i.e. by cornerstone or sell assets ^sp, or combinations of these.
Is any of this feasible?
I'm quite new to trading so go easy on the flamage if what I wrote is junk lol I feel if I don't get involved I wont learn :-)
- Forums
- ASX - By Stock
- BBI
- bbi close?
bbi close?, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online