Ouch - Yet another set of falls.
Spectacular meltdown now - will have cleared any margin covenants as this is the alltime lowest price.
Surely there has to be some sort of capitulation rally in the short covering - but if margin calls are going off then there will be some sustained selling going on - Especially for the directors if they have any margin loans at all based on their holdings.
BNB
babcock & brown limited
