BAC sitting at R3.50 is mental value if they can sort the balance sheet out. They've got decent assets on t…by @bombay_coach on $BAC

BAC sitting at R3.50 is mental value if they can sort the balance sheet out. They've got decent assets on the books but the debt ratios are what's keeping it pinned down, similar situation to where PSG was two years back before the turnaround. Long term play if management actually executes, could see this double once they prove the operational stuff works. GLTA