BNB babcock & brown limited

are we ready, page-10

  1. 8,028 Posts.
    I am look at BNB in this angle,

    The most important question is: Will they survive?

    They were given an extra $150mil from the banks last month, I know you can't compare L.bothers with BNB, but banks last month have pretty much decided they are not going to just let BNB die. If they survive, base on dilution D2E, what sp will that be? For those that paid $0.15, they should be fine, how much more can that be diluted, even at 50%, is still worth $0.075? My avg is $0.377 50% that is $0.1885 will it drop 50% today? If I take a 50% hit and sell today, that means I am diluting it myself.

    The most important question I think is, will they survive, I am just reducing my holding but still going to hold over the weekend I think.
 
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