BNB babcock & brown limited

smh article, page-34

  1. wachito
    1,257 Posts.
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    15/01/09
    14:31
    Post #: 4695199
    Totally agree with you Dargie, they could have put it into admin back in december.
    Negative NTA might be new for us but I clearly remember back in Nov the ann about not achieving covenants which banks might have interpreted as something wrong with NTA. I believe banks knew about negative NTA and probably that's part of the negotiation.
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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