BBG 0.00% $1.05 billabong international limited

excite - sounds like you are a master of the handheld calculator...

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    excite - sounds like you are a master of the handheld calculator to me ;-)

    Casper - I personally don't think BBG is worth over 60c ATM. There is a lot of risk in this stock - that is why my sentiment was sell. However I will not fool myself that this is easy to value. I think it is a matter of setting odds of success or failure and taking a rough risk weighted approach. The gearing seems much more healthy now - that is for sure - so cannot be too negative.

    I shorted some after watching the action - will see how it goes - will give it a bit of room to bounce around.
 
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