BBP 0.00% 9.5¢ babcock & brown power

negative or positive nta, page-14

  1. 2,086 Posts.
    Ooouch!

    I thought Webzone's comments were fairly accurate in terms of BBP's demise.

    The fact is BBP and B&B generally simply over borrowed to a massive level and the funding dried up in terms of further re-financing etc. A classic tight credit market situation.
 
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