BBP babcock & brown power

It seems as though the BBP thread has attracted some latecomers,...

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    It seems as though the BBP thread has attracted some latecomers, just like BNB did. Just be very careful. The daytraders appear to be buying and the smarts are dumping into that buying.
    Many have been short BBP from months ago. Perhaps they are closing out their position by buying since it came out of suspension?
    I'm not saying it is but this "could" be the final dead cat bounce. If it all goes pear-shaped, don't start whinging and blaming everyone else. Good luck to holders. If you get a good takeover offer, that will underpin BBI's NAV and that will be beautiful.
    I just don't believe there is any equity value left after the second profit downgrade.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.