Please don’t hate me for remembering some “old” history. I got burnt with AFG but I was lucky to get out of BNB:
On the Friday 31st October AFG sp went from 7c to 14c…Following Monday Trading Halt was requested and on Tuesday 4th November receivership was appointed
Some posts on that day:
http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=769289&msgno=3456752#3456752
On 6th January, BNB moved around 15c up to 40c. two days later trading halt was requested and later on suspension was requested: http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=808942&msgno=3637930#3637930
Before you jump in or out of BBI just be aware of the possible outcomes. Both, BNB and AFG had good assets and they couldn’t realize any of them.
My sentiment now is “None” I have no idea of what is going on but I do remember the facts “Once bitten twice shy”
Good luck on any decision you make.
Cheers
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