BNB babcock & brown limited

taking into account the management right, the cost of...

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    taking into account the management right, the cost of administration, the fire sale. I would say.. all this add up to $200 - $300 millions.

    Bankers can save all these cost, plus benefit from any future asset price upside if they avoid administration.

    Therefore.. i reckon a range between $20 - $30 is reasonable.
 
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