Let's face it BBP at current levels is a punt on its asset values. With 2.9 billion of debt and a market cap of only $100m the market says its asset base is worth $3 billion. If offers emerge at say $3.5 billion then all of a sudden the equity value is $600m and the shares are suddenly worth 90 cents. So put up your 15 cent wager for a potential 90 cent return.
- Forums
- ASX - By Stock
- BBP
- bbp is at 6:1 odds
bbp is at 6:1 odds
-
- There are more pages in this discussion • 16 more messages 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 BBP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online