If BNB is offering to pay their debt to noteholders at 0.1c in the dollar, why aren't they also trying the same offer to the banks? Isn't that a bit unfair to the banks?;) This would allow the banks to crystalise their loss and move on too.
If they expect the noteholders should accept that, why aren't our wonderful board and management coming up with a similar offer to our bankers? Is that not fair? We could have Elizabeth tell them she thinks it would be in their best interest to accept the offer. LOL.
Might be some value left for us all if the banks will agree to that. Mop.
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babcock & brown limited
offer banks 0.1c in the dollar
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