BNB babcock & brown limited

why cash is king, page-2

  1. 13 Posts.
    Bang-on. I think you'll find alot of margin accounts will have been blown up in the last couple days, forced sellers meeting margin calls. Sensible money will definately come back in, i think, once the blood letting has ceased. Gone are the glory days, for the time being, where you can borrow $5 and turn in into $100.

    I agree that alot of cash up people will be sitting on the sidelines, waiting for a cue from the US and Europe no doubt, before slowly getting back on board.

 
watchlist Created with Sketch. Add BNB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.