Longs. Check if your BAA shares are still in your account, many people want to steal your undervalued BAA shares.
These people think BAA should keep money in BAA bank account and continue pay high interest for that 40M loan which generated almost 3M interest just the Q2 alone. That interest is a major decrease of Q2 net income.
These people think BAA should save and use all of financing money to pay bond interest for future, not invest in mine for production.
You sell your shares because you think they are right?
I will not invest BAA if BAA management finances money just for paying bond interest, not for production; I will not invest BAA if BAA management keeps money in bank, not payback the high interest loan (that loan interest is very high, and increasing monthly)
I will not invest BAA if BAA must use financing money to pay bond interest, not generate cash flow to pay it.
These people think they know more than the management about how to use the money and how to operate the company.
I expect BAA price will reverse soon and these people will reverse their view when they get your shares.
