"I keep thinking, this is too good to be true, therefore it probably is"
It still might be. The above saying is generally true. I just remember buying my tech stock at 7c when AMP were smashing down to 7c and I recall everyone saying they were gone. Less than a decade later, my shares were taken over at $1.10. The market does make mistakes. Look at Burns Philp. Got down to 1c, maybe less.
In my opinion, there has been a combination of very unique circumstances all happening at once that has made BBI a 3c share.
FEAR, PANIC in general about the world economies. SCANDALOUS MEDIA COVERAGE The "perceived" link to BNB. ANALYSTS THROWING IN THE TOWEL and perhaps some spite and revenge going on. CANCELLING THE DISTRIBUTION pis%$d off lots of shareholders who rely on dividends for income.
Still, there are risks.
BBI Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
