Other than perhaps going into administration, I really don't think this company could have been managed any worse.
I'm not one of those who is so bitter to hang around bagging a company, or in this instance, it's woeful management.
I just hope people do understand that BAT can go much lower than 1.3 cents. At this price, it is valued around $30 million.
Even at a third of the price, it would stil
l be pricing in a lot of 'potential'. At .4 of a cent, it's capitalisation would be about $10 million.
If you are paying or holding at today's price, you're saying that BAT is worth more than $30 million.
Be true to yourself. Is there better value elsewhere?
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