I think we would have a placement somewhere between $100M & 150M at 5.5 c each, then a 1 for 1 or 1 for 2 share purchase plan at 5c each. That gives bbi $300m to $500m cash injection.
How the market would react, it's hard to say.
I am hoping for a 12-14c open with 18c intraday high. After all BBI does have some good assets.
predictions for bbi opening price., page-8
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)