Shares of struggling Australian surfwear company Billabong International Limited (BBG.AX) plunged 15 percent, and its loss for the year after more than three times on Tuesday morning, surf and street sales continue to decline in key markets.
Billabong's share price fell to U.S. $ A0.48 0018 GMT, against the broader market's 0.5% slide. In 2007 they reached a record low of $ A0.12 trading above $ 14 June.



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