BBG 0.00% $1.05 billabong international limited

herald sun article, page-12

  1. 14,053 Posts.
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    good article
    the stock may not be introuble just not the expected return.
    Gives a bit of an insight into how private equity works ie
    cut the non performers eg stores, products etc and hope for a 25% return
    eg
    pay $1.45
    year 1 $1.81
    year 2 $2.27
    year 5 $4.43

    Pity, they never offered a lower price though, might have been able to work out what our shares a really worth

    I'd say $1.02 or what we paid for them in 6 for 7 rights issue
 
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