I agree Plough, BEPPA offers NO safe haven in light of current news. BEPPA is fine if we know BBI is going to survive...but we don't know how things are going to pan out for a little while longer now, so its much better to be on the sidelines.
All this buying and selling of the last week is designed to pump up the daily volume and to stabilise the VWAP...it is very obvious now with hindsight, whereas previously we all were hoping it was relating to "leaked news" of the DBCT sale.
Very disappointing.
BBI Price at posting:
9.3¢ Sentiment: None Disclosure: Not Held