I have sold some on uncertainty provided by the announcement,...

I have sold some on uncertainty provided by the announcement, but alas, BBI will say they tried to get a trading halt and could not.

If the Corner Stone investor was the fall back plan, it should have been disclosed.

Complete lack of professionalism and transparency, and looking back at the EPS announcement on the 267/08, I believe they already knew about the new investor and this announcement covers their ass when they do the dilution prior to recap.


If it goes pear shaped I will lodging a complaint with ASIC.
I previously (a few years ago) lodged a complaint with ASIC about the Alinta / BBI transition so I know the process LOL.