What a bloody mess.B&B and everything associated with it just...

What a bloody mess.

B&B and everything associated with it just appear to be way out of favour. Unless the announcement is just plain untrue, I read nothing that should be causing this amount of sell down.

I think we are seeing mass shorting forcing the price down today. There were news reports that dealers are questioning the earnings outlook and debt servicing ability, which IMO is rubbish intended to feed the hysteria.

They should have come out with some hard earnings numbers this morning or at least reinforced dividend stability. Hopefully we will see a bounce when everyone realises and the hedge funds have decided it's time to buy back their shorts.

I'm just gobsmacked TBH.