BNB babcock & brown limited

babcocks credibility has gone, page-9

  1. 2,432 Posts.
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    I have 2,000 BNB which cost me $13.00 a couple of months ago. I now have to admit that BNB is finished and I will sell Monday at whatever price.

    The BNB SP will follow the paths of CNP & AFG where it will end up siting below $1.00. Whatever happens to the assets of BNB (sold, repackaged, privatised, etc) the money recieved will flow back to the banks and the shareholders will get nothing.

    I dont hold MQG but this is a bigger, stronger version of BNB however its not impossible that MQG could follow BNB.
 
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