Originally Posted by
Footsie
Anyhow
BVA
likely outcomes in order
1. Line get's placed to institutions at $1.00-$1.20 (puts BVA back on the map and is not necessarily a bad thing) = Neutral
2. Corporate raider eg GPG takes the whole line. = positive
3. CPU, IRE buy the stake and/or launch a full takeover. = positive
4. Merrills tarnish their reputation and dump on market... price goes to 50c = bad for existing holders, positive if yuo buy at 50c !
regardless of the outcome, i'm sure there will be an opportunity somewhere to make $$