BNB babcock & brown limited

negative net asset position, page-9

  1. 1,257 Posts.
    Hard to say Phat. Have a look of CNP, one day it goes up 20% next it comes down 30%...At the begining of the week there was people talking about $1 now we're back to the admin discussion...Before the ann I thought the impairments were not going to be greater than 1.2b wiping 50% equity, now they're saying there's no equity at all...regardless of the D2E applied with the banks, ATM there are more chances to earn 36 times you're investment by going to Crown Casino and playing 27 or black/red or columns than the chances you might have to get a propper stimation. I would say that the sp after the ann would go from 10c to 20c and it will soon go dormant...
 
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Currently unlisted public company.

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