yes, it's dead now, page-17

You are right jdvictoria, some people (who have already lost a lot of money) really have no clue.

If it was going, they would have gone already when the banks had the opportunity to do so before Christmas.

Some people just don't get it and cannot see the bigger picture. The banks are in too deep (donkey deep) to BNB to let it go now. They would lose more by letting it go now than they would by taking a debt for equity swap and keeping it going.

Sure, existing shareholders will face a significant dilution, and bondholders probably a lesser dilution too, but it is not dead because the banks need it alive.