BNB babcock & brown limited

trigger event for bnbg

  1. ecsc
    3,130 Posts.
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    08/02/09
    13:06
    Post #: 4773287
    since the restructure (new business plan) has made the value of the notes worthless, this should be a trigger event for those notes according to the prospectus. why didnt the board mention that?

    I think (as someone here also mentioned before) that they want the noteholders to push the company into administration and shareholders to blame this on noteholders.

    the latest announcement reads disgusting and threatening!to noteholders!
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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