IMHO, the delay of the payments seems very fishy.
In the last creditor update it said some shareholders have submitted formal proof of debt forms in relation to claims for alledged misleading and deceptive conduct by BBL in relation to the purchase by those shareholders of share in BBL.
The question is: doesn't the debt claimed by those sharehodlers for alleged misleading and decptive conduct have to be approved by a court in order for the debt to be formally established?
Otherwise, every one who lost money on buying BNB or BBL notes can submit a claim.
Those shareholders should have submitted their claims to the court!
It just does not make sense.
Furthermore, the payment of the $400 plus the uplift, which has been approved by the court, has also be delayed for several months.
What on earth is going on?
My guess is that the delay of payments is planned to benefit some parties, other than the true BBL creditors.
Just my thoughts
- Forums
- ASX - By Stock
- BNB
- has anyone got the check?
BNB
babcock & brown limited
has anyone got the check?, page-13
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)