Hi TP#2,
Re; BBI - I sold out last Friday; but if you wanted to stay in it could be long haul bottom drawer. Alternatively, just wait & see where it stops and then try to average down at that point if you want to stay in.
Personally I don't think the Company will fold, but the potential risk is there; and the Company has also forewarned about the (potential) great dilution factor which obviously the market is factoring in atm.
On a positive note it could spike greatly if an announcement comes out on the cornerstone investor if all bodes well for shareholders in the deal; and even if it doesn't it will probably still spike & should provide an opportunity to exit at that point imo.
Just a few TP#1 thoughts anyways!
Cheers, Pie (:
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Hi TP#2,Re; BBI - I sold out last Friday; but if you wanted to...
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