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wcjan25 - Tue, 20 Dec 05 :

market assesses doo potential partly in how good their management is. until they announced bfc takeover approach, general consensus was 'good' management.

now there must be some question marks

personally, i always thought their approach to bfc was a scavenging one. they made the approach when they thought bfc were going under.

i am reasonably positive and will take a long position when this stabilises (could be some time) amid the expectation that they will buy bfc's plant for 40m or less from the receivers


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