"those Harvard graduate financal warriors experts that knows alot more economic stuff than us got it wrong based on fundamentals. ANZ had BNB as a "buy" based on fundamentals for over a year"
Thats true, but ANZ didnt have BNB as a buy last week.
As you mention yourself, BNB has always been loaded with massive debt, and this is one of the fundamental measures to watch out for. This is a big call to make, but the companies with less (or no) debt have done better in the current crisis.
BNB
babcock & brown limited
babcock shares as good as worthless, page-10
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