BBP babcock & brown power

looks like bbp will survive like cnp

  1. 515 Posts.
    The announcement today seems positive looks like Banks will do debt for equity swap on this one thats why they want share holders vote involved. like CNP she will be held by banks and 10% equity left for holders to play with. If the vulture funds get greedy who hold BNB stake now after banks sold thier stake to them this could fall out. I was a small holder compared to banks who gave up on bbp. But for short term buyers it could make some money. Iam ou for good and dont want to risk any money. I rather put my my money in companies who are not controlled by banks
 
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