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23/05/08
14:14
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just reviewing what the institutions are saying
ABN Amro said "the announced review of the group's capital structure has impacted on management credibility"
Deutche "wants some more clarification of B&B Power's balance sheet situation
Mac " the company has said nothing"
Merrill "Too many risks and uncertainties"
UBS "Management is addressing the capital structure of the group and in the broker's view the options available all offer some downside risk."
If the brokers are saying wtf going on and the stock is down 20% then I'd say the instos are getting out.
I reckon it'll go to a $1 today
what do you think?
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