BNB babcock & brown limited

i wonder why and expect much more

  1. 13,502 Posts.
    lightbulb Created with Sketch. 727
    much more gains today,why???well,the refreshed business plan was submitted by the company two weeks ago,according to the australian and the afr this morning and the australian banks are happy and now pushing the international financiers to grant approval for the plan.if this was going to go under we would have known by now but it looks like bnb is well salvaged and survival is well on the horizon,although we will not know until monday,the latest tuesday,with almost 18mil shares on monday and 47mil yesterday and gains from 19c to 39c,i would expect another heavy session of over 60mil and a close near 50-60c TODAY,good luck to all holders but i really think this outcome is VERY VERY POSITIVE.
 
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Currently unlisted public company.

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