bnb asset selling

Well looks like they are sticking to their word on asset sales.

A measly $2 million though.

I notice this morning before 7am...buy side had 9 million shares worth of buy orders vs 3.8 million in sell orders. Interesting.

"Private investment and advisory firm Wingate Group has bought two thirds of Babcock & Brown Ltd's(ASX:BNB) stake in Everest Babcock & Brown Ltd(ASX:EBB). Wingate took 19.9 per cent of the listed investment manager, or 50 million shares, for about A$2 million."

http://www.abnnewswire.net/press/en/59736/Australian_Market_Report_of_December_9:_More_Positive_Leads.html