Billabong hangs ten

Uncertainty continues as the surf wear group stretches out takeover talks.

There are not many positives here for investors as Billabong continues exclusive talks with the Paul Naude and Sycamore Consortium for another 10 days, according to its latest market missive  today. The best bet you’ve got is 60c if the deal goes ahead, and if it doesn’t I wouldn’t hesitate to get out.

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