BNB babcock & brown limited

great news in the announcement

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    315 Posts.
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    04/12/08
    09:40
    Post #: 4571435
    Looks like the banks have confidence in BNB to finance the efforts to restructure.

    Debt for equity in a refinanced BNB should ensure long term survival.

    There would appear to be a number of projects, in the pipeline, to be completed profitably.

    If they can achieve some sales in the non-core assets ... this would be a very positive outcome for the future of BNB.

    /disclosure: I have taken a position in the BNBG's and BNB010's
    BNB Price at posting: 25.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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