no interest, page-5

the SPP turned out to be a real fizzer for those who particpated.

The lack of interest in the share price by the institutions is the punishment that will be meted out on BBI for the distress caused across Australia by all the different BNB companies. They are simply not going to support the share price for a period of time and that's that. These tend to be agreed things for a set period of time.

I heard of one broking firm a while back that floated a very dud company which failed and they (illegally) spruiked it to instos to get it away and the instos lost everything. Well that broker did not get any insto orders for a whole six months. Not one. The instos meted out their own punishment. Did not wait for any enquiry. That firm learnt its lesson.

There will come a point where these are worth buying, but they could well drift lower yet.