Goodnight BNB and all related entities/securities.
Anyone who bought this and any BNB security as it was falling to chase yield does not understand corporate finance and valuation 101. The same people who were saying a year ago that BNB was trading on a PE of 4x and how cheap it was.
BNB and MQG were/are only interested in feathering their own nests, to invest in their products and companies is tantamount to financial suicide.
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babcock & brown limited
spoke to bnb, page-32
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