BBG billabong international limited
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just how close is billabong to insolvency?, page-2

  1. utsstudent
    5,157 Posts.
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    15/10/12
    11:12
    Post #: 10859456
    Ha ha ha....Run4dahills...

    nice try but i'm not hitting the sell button..

    the answer is not Close at all...

    BBG only has $100m left now in net debt post their dilutive cap raising in july and they are forecasting to make $100-110M this year itself...this company if it wants can become debt free by next year...

    it has no repayment due till July 2014

    Short some other stock mate....
    BBG Price at posting: 68.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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