re: Ann: BBW: Proposal To Internalise BBW Man...
BBW is taking advantage of BNB current situation where banks are forcing it to sell its assets at distressed prices.
BNB best assets are its management contracts. When BNB spun off each of these satellites the contracts were heavily in their favour. Many of these satellites could now turn their back on BNB and use the pressure being put on by the banks to exit these contract at a fraction of the price.
Unfortunately this is another nail in my coffin! I held held held hoping this crisis would blow over but I think any holders might as well forget about the cash they've wasted on this puppy.
BNB Price at posting:
0.0¢ Sentiment: None Disclosure: Held
