The FACTS are Euroports and
Powerco BOTH sold above book value in the middle of the biggest
credit crunch the world has seen since the Great Depression. kiril
and dargie are always looking for "negative what ifs". They point
blank refuse to accept BBI are getting book value and this will
only improve once credit starts flowing and more companies are able
to borrow.
The problem for these guys is that they want zero risk.
Unfortunately for them, by the time there is zero or little risk in
BBI, the share price will be ten times the low and they will have
missed the boat by missing out on 1000% gain from 3c which is where
they started bagging the stock telling us all BBI were broke.
Someone should point out they are ignoring the FACTS about asset
values and they need to admit they were WRONG saying it was not a
buy at 3c.
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