BNB babcock & brown limited

so close to buying this under a buck, page-14

  1. Hangseng
    13,367 Posts.
    lightbulb Created with Sketch. 16
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    16/09/08
    13:59
    Post #: 4271544
    One would think that this is warning enough for now.

    "ANZ E*TRADE SHARE INVESTMENT LOAN CUSTOMERS - CHANGES TO BABCOCK AND BROWN
    Please note, effective Wednesday 17 September 2008, changes will be made on the ANZ E*TRADE Share Investment Loan Approved Securities List*, which will affect the Loan to Value Ratios (LVR’s) for Babcock and Brown and its related companies. This includes the reduction of the standard LVR to zero. These changes will reduce the security value of your loan. For more information please go to www.anz.com/marginlending or contact ANZ Client Services Team on 1800 016 869.

    *Approved Securities List is subject to change without notice."
    BNB Price at posting: 89.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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