Fascinating stuff. Just shows that the vote against the BNB board recommendation was actually the only rational one for noteholders to take. This was presumably the action the BNB board & the banks least wanted - so why did they not come up with a less insulting offer? Very arrogant & short sighted of them.
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- another interesting read
BNB
babcock & brown limited
Fascinating stuff. Just shows that the vote against the BNB...
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