BIG 0.00% $2.22 big un limited

Market is forward looking, page-371

  1. 19,038 Posts.
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    As someone who was in MUS right from the start and lost more than most, this is not what happened. The MD told us to expect 'north of US$100 a carat' and MUS took 400,000 carats into the auction. While many people invested far too much in MUS, their loss was not due to uprampers, but to blantantly dillusional information given by the company.

    Not that it is too important, but have I come to know most of the really positive MUS posters personally since the disaster (MUS was a real bonding experience) and all of them took a significant loss. They were not uprampers, but genuine believers in the potential of MUS. The sad thing is the potential is still there, but the management is so untrusted that the SP is below the liquidation value.

    I hope for those of you that have invested in BIG that you can get something positive from the experience. Like MUS, BIG is not your garden variety ASX disaster.
 
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