BBG
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0.00% $1.05 billabong international limited

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  1. ezirida
    6,526 Posts.
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    21/02/12
    16:42
    Post #: 9727876
    jenx

    it will probably trade under without news the reason being that scheme of arrangements take ages and also the market is cautious.. understandably from previous examples where private equity has cooled off or the target has rejected an offer without any other offers on the table..

    IMHO it won't go for less than $5.40



    BBG Price at posting: $2.25 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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