2003 - The Year of BBG

Ape....I'm telling you.... buying BBG at the current price is buying £1 for 50p. It means buying at a 54% discount to BBG's liquidation value (What was the story at 30p?). If BBG was a recent tech sector IPO with just a couple of years trading behind it then the `cash burn, situation would clearly be very relevant. BBG's much longer trading history c/w its financial strength (over 20m cash `freebie') and the participation of larger shareholders such as Amvescap, mean the downside risk is minimal.
Happy New Year