BNB babcock & brown limited

negative net asset position, page-16

  1. jdarko
    113 Posts.
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    09/01/09
    17:31
    Post #: 4676403
    Debt for equity swap will remove debt from the balance sheet and improve asset vs liability ratio. our NTA value per Share would not change however. Thats has the banks get us bank under our convennants. with some magic.


    JD
    BNB Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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