BBG 0.00% $1.05 billabong international limited

Acacia 15,I am a non holder of BBG but watch with interest. I...

  1. 793 Posts.
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    Acacia 15,

    I am a non holder of BBG but watch with interest. I firmly believe that the party involved in this purchase have no plan at all to turn BBG around. IMO, they only want to buy it as cheap asthe can and then flog the subsidiary's for whatever they can. I would just about bet my left testicle on that. Hope I am wrong for all of you shareholders, shame to see a great Aussie icon go down the drain. I think the only slim hope is that BBG reject the offer and get the chance to continue trading. IF successful, they might be able to turn things around but it would take a miracle. Sad thing is, if it goes under, watch all the executives who have been there for 5 minutes run away with some obscene entitlements whilst the investors will get nothing, happens time and time again.

    I really hope I am seriously wrong on this.

    Surfrat
 
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