The trash talking begins.
Its going to be the heaviest wednesday morning I reckon.
Watch on wednesday though Sachz....some are going to day trade the hell out of her and make a motza.
I'll buy and hold and see if BNB can offload assets and make the syndicate.
If a month later or 6 weeks later they are dithering and making excuses like CNP did (we're not happy with the price)...then I'll change my tune.
But right now....if the banks know a heap more and prepared to inject 200 million more into BNB, give them a time extension and many more positives....then I as a private investor / trader will be more then happy to buy BNB and see what transpires.
You'll see it open wednesday.
The last meeting was last night between BNB and the syndicate.
It was agreed that BNB now deals only with reps from the big 4 aussie banks and not the syndicate as a whole. The big for will represent BNB to the rest of the syndicate. Another way to keeps things moving faster.
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