BNB babcock & brown limited

Ann: Update on Forecast 2008 Final Result , page-12

  1. 5,609 Posts.
    the company was never in any state to publish anything decent. How could it? it has not had any equity for yonks and the market got worse with regard to asset sales. its listed while it works out a deal with the banks the same as cnp. its a real shame that there is an expectation that bnb is a real working concern. its just what happens with the slow death of a company as they dig through the legals, rules and bankers. I would have thought that bnb had more chance if it only had a few banks to deal with. the more banks, the more likely the thing will implode. dyor and i hope you make money.
 
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Currently unlisted public company.

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