BNB babcock & brown limited

>zero (no market cap requirements per BBI investors pack)This is...

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    315 Posts.
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    27/03/09
    07:00
    Post #: 4949402
    >zero (no market cap requirements per BBI investors pack)

    This is good news. This was the principle "vector" for the infection of BNB by the Banking Consortium.

    I am a BEPPA holder. One significant difference between the BNBG and the BEPPA Trust Deed is that I believe there are conditions for BBI to force the conversion of BEPPA into shares (unlike the BNBG's).

    I hope BBI holders are watching the BNBG/BNB010 developments. This process will either significantly strengthen the Bankers' hand or significantly weaken it.
    BNB Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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