BNB babcock & brown limited

almost down 40%, page-6

  1. dargie
    4,510 Posts.
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    05/12/08
    23:16
    Post #: 4578220
    The fact that the company is even suggesting a debt for equity swap suggests the banks want them to survive and will allow this to happen as part of the restructure.

    However, it will lead to a major dilution of the existing ordinary shareholders.
    BNB Price at posting: 25.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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