BBP 0.00% 9.5¢ babcock & brown power

just reviewing what the institutions are sayingABN Amro said...

  1. 3,698 Posts.
    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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