BBG 0.00% $1.05 billabong international limited

billabong launch, page-12

  1. 12,635 Posts.
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    Someone is selling his business, cost him $800k to set up few years back, now he owed about $1.3m after unsuccessful venture & extra expenses. Now he is selling it for $200k.... cheap right? or perhaps make him an offer of $100k, pretty sure he'll sell it. Yes, great bargain... but his debt we'll be unto you. He is in Goldcoast anyway. Same principle apply in BBG investment.
 
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