No need for a class action if ASIC acts as they should. IMO BBI has failed to disclose information several times and the management should be punished for that not only by us (shareholders or ex-shareholders) but by the investment community and ultimately by the justice. It is supposed the management act in behalf of shareholders to maximise the value of an investment, instead of that, BBI management has turned amassing assets like DBCT, PD Ports, NGPL, etc into a pockie machine.
For those who think that the new deal with the potential investor is going to be better than the other I strongly believe you’re dreaming. If you’re holding BBI the chances of wealth creation are next to ZERO while BEPPA and SPARC legal obligations are alive.
They can come up with any “deal” but the fact of converting or die still remain. If you believe that someone is going to give you something for nothing I believe it is time to wake up or grow up, whatever suits you best.
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No need for a class action if ASIC acts as they should. IMO BBI...
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