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4,999 Posts.
132
28/02/12
11:23
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Exactly....lets remind ourselves that the share price was over $4 two months ago....
The TPG bid was very opportunistic. the only good its done is remind people the value within BBG...
the share price was $4+ two months ago because that is the fair market price given its earning potential..
it crashed two months ago on the concern of a capital raising which is now no longer an issue...
Now going forward.....we luckily are very leveraged to the US economy which is recovering fast!!
Go billabong :-)
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