BBP babcock & brown power

longterm view turnaround., page-8

  1. 515 Posts.
    look iam not a down ramper. I dont even want to talk about BBP any more. But when I see people talking about takeover and asset sales it really makes me laugh now. I have been tracking BBP for more than 2 years and I have lost money in this. She is now going down the hill. Banks will come up with debt for equity swap and share holders will be diluted. She will not get bankrupt like BNB as she produces money but she will owned by the banks. Share holders will probabily get nothing.
 
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