EBB everest babcock & brown limited

is this worth a punt?, page-3

  1. 1,548 Posts.
    I can't see the downside...I bought at 5.1 cents pre the Wingate announcement and was going to load up again when they were trading in the 4s. They have cash in the bank of at least 6 cents per share (per ASX announcement) and no debt. Question is what is the upside? Plenty of challenges ahead, particularly the EBI court situation.
 
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Currently unlisted public company.

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