A merger with PJO do you think BSG would now be around $2.80 which is 50 cents below the price before the trading halt was called?
In my opinion, with the simplified corporate structure, and ownership of the project in one company only - BSG - there would have been an upward market rerating for BSG.
I would imagine BSG would be at least around $3.50 now and on the move ... weren't there some broker reports out with price targets of around $4.50?
BSG Price at posting:
0.0¢ Sentiment: None Disclosure: Held