BNB babcock & brown limited

debt for equity swap, page-26

  1. dargie
    4,510 Posts.
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    08/01/09
    17:56
    Post #: 4672283
    I am working on a 10:1 conversion. Or shareholders will end up with 10% of the company after the debt for equity swap.

    Also debt for equity is NOT a capital raising. No new money is being put in to the company.
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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