Seems to me a lott of people running around here like Chicken Little saying the sky has fallen
I have seen punters say BNB can go as low as
$3.00
$2.00
and right down to .02
Just a thought - The company has good assets, a profit still better than most US banks and a staff that own 40% of shares. This weeks ann was a great way to set up the MKT preso next week.
If I was trying to burn any short positions this is a great Tactic - bad ann one week, SP dives, good news a week later -SP rises quickly --shorters burned
I will wait a week till I start running around pulling my hair out like a few others here.
Time will tell
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- the sky has not fallen yet
BNB
babcock & brown limited