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0.00% 9.5¢ babcock & brown power

I don't see loan restructure not taking place in future. The...

  1. Hope2008
    1,981 Posts.
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    05/11/09
    11:09
    Post #: 5875376
    I don't see loan restructure not taking place in future. The only way banks can recover their load is by letting this company run else they lose all intangibles of billions of dollars & also lose on cheap asset sale. Frankly they have no option. The only question is what conditions are negotiated as part of restructure.

    I will not be accumulating but waiting until there is positive news on restructure.
    BBP Price at posting: 6.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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