BBG billabong international limited

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  1. 1,091 Posts.
    The bid will never get up at $3.

    How many holders would have bought above that figure, let alone $5 or $10 over the past year or so.

    If I held I would see no reason selling at such a substantial loss now that the company has addressed the key issues (i.e. debt and high costs).

    Once the retail market improves at the consumer level BBG will ride it the whole way up. They control the product from the initial design to final sale and take their margin each step of the way.
 
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