Yes, the company just went into adminstration and the "buy and hold strategy" meant that I got burnt.
This time, I knew the risk with BBG, but I like the Coy and its brands, did not think that us shareholders would get such a schallacking!!
Like I said, my only concern is if it goes broke, it not I will have to hold for much longer that I ever planned to recoup my capital, let alone make a profit!
However, there is always hope, you never know if something comes out of left field!
BBG Price at posting:
61.9¢ Sentiment: None Disclosure: Held