BBG 0.00% $1.05 billabong international limited

rumours and denials

  1. 551 Posts.
    There are some familiar rumours circulating that chairman Gary Pemberton is going to resign and that director Gordon Merchant is going to sell off a large part of his holdings. The co. has denied both in written statements (see ASX ann.) but this sounds exactly like what happened with Matthew Perrin a while ago. He did dump and then resign in spite of denials and look what that did to the share price. Should be interesting to see what happens in the next few weeks.
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