All I need to know is one word. Well, rather, one name... Blackstone Group. GSO (Blackstone's credit arm) is heavily involved in turning around billabong. Blackstone has a tremendous track record, and their involvement in Billabong instills not only a sense of security in my investment in BLLAF/BLLAY, but also complete confidence that this baby will recover quite quickly and to a degree that will turn my few pennies into healthy & happy dollars. All IMO, GLTA.
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