BNB babcock & brown limited

bbipl vs bnb, page-2

  1. 17,747 Posts.
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    not silly at all to my way of understanding bnb owns 71% of bbipl and 29% is owned by us ex excutives maybe why they want to disolve bnb maybe so they own it all .The structure is on the prosectus page 5 the loan was to bipl and loaned onto the operating companies is why i hinted that if they want to give out shares then maybe thats where they should give them .If the excutive part of bibpl is not disolved then to my way of thinking there would be equity there somewhere you would need an accountant who investigates to find the money trail not realy lawyers as such but some one who knows where the money gets hidden when things like this go bust but knows about law as well.There are firms who do this im sure the goverment has one called ato lol The notes whent down the line through bnb through bipl to the operating companies maybe siphoned off at this level or this is the level that maybe holds alot of cash to secure loans on margin is when bnbs margin went down below 2 billion nothing held up the value, I have simple thoughts to .
 
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