BBP 0.00% 9.5¢ babcock & brown power

power firms assets on the line, page-2

  1. 23,999 Posts.
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    Looking back on the last few days I cannot believe what has happened.

    All knew that the debt financing was an issue. But we were repeatedly told it was only a matter of time: THERE WAS NO OTHER ISSUE.
    There were numerous presentations.

    In one of them CEO Mr Simshauser said he was no banker but solely an engineer.

    BNB cannot afford to let BBP go under.

    One of the objectives of BNB currently stated is 'how to enhance the SP of the satellites' BBP is in urgent need.

    It is clear that CEO Simshauser must go.
 
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