BNB babcock & brown limited

bnb shareholders should be very worried, page-5

  1. 4,427 Posts.
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    i hold AFG and bought more notes in the dying minutes. BNB is very much similar to AFG, hence iam just worry that there will come a time when the BNB directors will do the allco thing and walk away, leaving notes holders and share holders with nothing. My capital is now stuck with AFG, i may or may not get anything back, don't have much capital left to play with. Especially in the current market when everything is cheap.

    Moral of the story is. Don't put all your eggs in one basket, i thought AFG was safe. Even the directors said there was no reasons for the banks not to extend. In the end, it was the directos that pull the pin.
 
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