re: worth keeping a eye on I only have a problem with you thinking that BBP will not have to pay fees to BNB, the mngt position of BNB is that they charge for loading up BBP with debt and yep the BBP business can support all the debt its been loaded up with...
Thats the bueaty of the scam that BNB has perpetrated..they get paid for the money they get for BBP to buy assets and the assts BBP have got bring in just enough money to pay the banks back and pay the BNB fees.
The additional bits of the scam relied upon BBP being able to revalue assets and BNB fullfilling the the getting of new money to match that revaluation, the prob now is BNB cant get new money and BBPs assets cannot be revalued.
The base fee for money got will be the same and hence no more divs will be paid to BBP shareholders till BNB can get new money to revalued assets...in this market assets are going down...and BNBs fees are not
re: worth keeping a eye on, page-5
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