BBP babcock & brown power
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Ann: Update on BBP Loan Restructuring , page-30

  1. jayinaussie
    1,149 Posts.
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    05/11/09
    09:48
    Post #: 5874724
    Obviously there are serious issues in restructioning the loans. The bankers want as much of their money back as possible.

    The stock will go up\down dependant on the loan details outcome. Buying at 25c last year it has been a bottom draw stock for me for sometime.

    I have not had enough confidence in the the bankers restructing the loans, so I have not accummulated. What are the choices- accummulate then loss all your money. Or they extend the companies life a little more to see if the economy will skyrocket.
    BBP Price at posting: 6.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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