BBG 0.00% $1.05 billabong international limited

big dumps on open, page-28

  1. 3,294 Posts.
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    Bain withdrawing - didn't see that one coming (this soon anyway).

    Will an industrial buyer or a new private equity group put in a bid? I wouldn't rule it out completely.

    Still believe a takeover will eventually happen with TPG, so if you bought in at today's price, you would still make money, even if you work on TPG's offer of $1.50.

    Patience is needed at the moment. As I mentioned in other threads, I believe TPG should be finishing due diligence very soon, and we might see some positive news.



 
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