BNB babcock & brown limited

bbipl vs bnb

  1. StatsMan
    1,600 Posts.
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    07/02/09
    15:26
    Post #: 4772212
    This is probably going to be a silly question, but here goes...

    BBIPL as I understand it is the holdings company for BNB, but is an unlisted/private company that is owned by a bunch of private investors. Presumably, because BBIPL is a private company, none of us are able to see their accounts. My question is:

    Does that fact that BNB has negative equity necessarily imply that BBIPL has negative equity?

    I would have thought that the answer is yes, otherwise the banks would be going after that equity. Can anyone confirm this?
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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