babcocks slippery slope, page-41

Thanks Ip2,,,Anyone else know who is the 25 in the banking syndicate

Yes Ip2, the directors have alot to answer for at the current time.......I am suprise the CEO or Chairman is not out on TV making statments to calm investors....

I am reading the AFR,,,,,,,they say the agreements with BNB cannot be broken unless BNB go broke but I dont know if thats true casue I havent sighted the agreements, one would expect that if someone wanted good assets came along, BNB may relinquish the agreements to set their funds SP free, and BNB may do this casue it will/may get them a better price and reduce debt further..........this may then be seen as bad as it is not a growth business but a big reduction in terest may then be seen as a positive....what do you think?