at $5/15,000 BBI the spp is hardly worth it. its easier to take the 4c div and let the BBIs become worthless. using it to average down is pointless i suspect. its hard to see a re-rating in short term to justify it.
could be a bit like AUZ. so many shares issued at 0.1c that it just sits there. a consolidation will create some liquidity and volatility but not enough to make a stag profit. could even go down.
it was a takeover at 4c, usually takeovers are at premium. and they got rid of beppa at 43c.
BBI Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held
