Pleasant surprise when I returned to PC this afternoon, not surprising though...I'm not alone in believing that BBI has huge potential for gain albeit a high risk gain..but as before when I proffered an opinion that BBI could become a takeover target,I think the idea was ridiculed, of course once Mngmnt agreements, corp debt, taken care of..evidence that M & A's are on the rise and in the right circumstances a suitor could take over some very defensive assets at a considerable discount. At say 30c p/s or approx $715M, I wouldn't imagine too many here rejecting 30c offer giving some a much faster return and 6 to 8 x investment. any thoughts?
BBI Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
