Rich, last week their bonds were worth 15c after conversion (half their holding) are at present worth 90c to them. They have a chance to clamber from total failure to a 90% or 80% return of their capital- the rmainder of their bonds is unaffected by selling or holding, I think the majority will sell. The only confusing element to me is what BBI will do to counter, the P&D last week rattled me, if someone can influence BBI in that manner with a potential cataclysmic event (conversion) which happened, then they can P&D it again.
BBI Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
