BBG 0.00% $1.05 billabong international limited

just how close is billabong to insolvency?, page-9

  1. pp
    2,336 Posts.
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    Credit suise downgraded it to 41 cents target...everything to be concerned about... It needs 100% rise from where it is today to get to ttodays share price..that puts it in high risk category to look for better opportunities elsewhere...i do not know abt others but i pulled out my order from 78 cents with the views of not buying it again anyway close to 50 to 60 cents range...shorters on this so more likely it will be visiting that range..
 
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Currently unlisted public company.

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