Renaissance is a good perspective to use for the Bul assets. Like a lot of investors my Smsf has held this stock for over 9 years . So whats another 10 years before anybody will want to acquire their assets.With the likes of Origin selling off gas assets they paid $600 m for $200m what hope have we got here with some one wanting to pay a decent price for Bul assets. With no cash flow all businesses do not survive unless they hit up the share holders again.
BUL Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
