Thanks ecsc,
Noteholders were asked to contribute $400 and I remember there was one creditor who put in significantly more ($100,000 I think). It'll be interesting if they payout on that amount in a priority way and by a factor of 9 (per the article ecsc posted). I would have put more than the $400 in if I'd known that was the way it would work.
2cents on the bonds won't cover the cost of them though - ouch!
- Forums
- ASX - By Stock
- BNB
- court settlement
BNB
babcock & brown limited
court settlement, page-6
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)