BBG 0.00% $1.05 billabong international limited

Yes, the company just went into adminstration and the "buy and...

  1. 769 Posts.
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    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!
 
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Currently unlisted public company.

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