BNB babcock & brown limited

I am mainly referring to everyone panicking about the negative...

  1. Balto
    263 Posts.
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    07/01/09
    17:28
    Post #: 4667618
    I am mainly referring to everyone panicking about the negative net asset statement as the dilution was mentioned yesterday and the market didnt seem to mind.

    The negative net assets are being attributed to the reclassification of non core assets to "Assets in line for sale" and i would have thought that a significant fall in the asset values was already priced into the share price and this further announcement is referring to the cause of the reclassification on the net asset position.

    Any thoughts on this theory out there?
    BNB Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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