Hi Oz, I agree and think the covering is going to get even heavier with savage declines from $14,13,11,and then 10 to 8 expecially now the banks have backed the business and a 5% stake built and confirmed.
It will be interesting to see who else turns up on the register in coming days as it looks to me as if 2 or three people are building a stake. I suspect another one will turn up soon and then I think the sp will pop back to reality.
BNB
babcock & brown limited
