BNB babcock & brown limited

new article from business spectator, page-3

  1. Balto
    263 Posts.
    clock Created with Sketch.
    10/02/09
    09:32
    Post #: 4778117
    They dont seem to mention that BNBG Holders can request payment and if BNB can't make it then we enact the guarantee from BBIPL and if they can't pay it then we put it into administration, then we rank behind the banks.

    As far as i am concerned the interview seems to gloss over that (not that i am surprised, Larkin is the banks cabin boy) and I would think the banks dont want BBIPL in administration, but BNBG Holders could make that happen therefore they need to cut a deal.

    Any differing views out there?
    BNB Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade copper identified at Nejo Gold Project, Ethiopia
right-arrow Created with Sketch.
NEWS Watch Exclusive Interviews with ASX Leaders
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Kameelburg Niobium and REE mineralisation extends to 1,350 Meters
right-arrow Created with Sketch.
NEWS Unemployment expectations correctly called today's 4.3% rate
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.