BBG billabong international limited
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billabong buy recommendation, page-6

  1. Lara
    1,194 Posts.
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    10/07/12
    16:21
    Post #: 10416590
    jbmurc - think u are wrong.
    The existing shareholders have to pony up on the SPP to reduce the debt to $100m and then also issue another 60mill odd shares.

    As for being short sighted - don't have to look much further than Merchant and the rest of the clowns on the BBG Board!
    BBG Price at posting: 85.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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