GLB just announced a slashing of its 6 month EPS numbers by more than 50%. This is mainly due to a 14.5% drop in revenues. Could be a bad day on the market for GLB. And, it will probably rub off onto the price of BBG. If it gets back to around $6.00 (BBG that is), it's probably worth a top-up. However, GLB is probably not worth touching until they can provide some confidence to the market. Just my opinion.
GLB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
