GLB 5.75% $4.60 globe international limited

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  1. 5,137 Posts.
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    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.
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