they have something like 2.5 billion shares on issue so even at 6c it isnt exactly a cheap company (market cap $150 million or so)...
aegis remain supportive of bbi but huntleys have finally pulled the pin. my hunch is that all the mess is going to be cleaned up soon, that refers to CNP and probably anything with Babcock in its name - maybe even Macquarie....
that is why banks are being trashed, some enormous right downs are going to occur before this is over.
BBI Price at posting:
5.8¢ Sentiment: Sell Disclosure: Not Held