BNB babcock & brown limited

reason for th, page-20

  1. 11,407 Posts.
    I reckon the others in the syndicate will tell them to pull their head in or buy them out and BNB ewill trade monday.

    But it would be a good time for BNB on trading again to outline their full plan of attack and you might see some kind of recovery 25 upwards.

    If its just sorting the issues..will probably drop to 19-20.

    If they cant pull this rogue bank back in line BNB might go into a suspension till they can get them to pull their head in.

    Who knows...they might sort it out by tonight and trade tomorrow...but my bet is on monday relisting as they may have meetings over the weekend to really get into the BNB management to get BNB to prove they pull out of this mess and get back in profit...may take 2-3 years but seeing a full plan would assure investors they are moving along the right track.

    I reckon holders shouldn't be worried....maybe a 10% chance I reckon of not trading again...actually...even 5% in my opinion....but if BNB after monday does a CNP and keeps everyone in the dark then yeah I would give them 3-6 months of trading before the banks get jack of them not following through on these meetings going on now.

    We'll know monday. Dont stress. The info will come and then you can make decisions from there.

    I am in an 11 month suspension with MFS..now OCV...will they re-list...doubt it...new team but they were previosly run by crooks who will probably do some jail time.

    BNB is totally the opposite.....caught by the credit crunch...the credit crisis will end one day and BNB may again be a $10 share....who knows....but I seriously cant see it ending right now.

 
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