BBP 0.00% 9.5¢ babcock & brown power

Its now becoming clear.....its a discrace ...BNB will not ever...

  1. 13,132 Posts.
    lightbulb Created with Sketch. 2771
    Its now becoming clear.....its a discrace ...BNB will not ever buy BBP becasue its balance sheet is already stretched and they are calling for debt reductions in the monthership as well as blood it would seem,,,,,,,,,,its a pity that BCM dont BBP or the other funds back instead of their share buy back but I suppose BCM's shareholders just want thier money back,,,,,,scary for them that despite the share buyback price being widened it still fell well below the price, even the market doesnt believe they will be able to get their shares bought back and are just bailing...

    That article when is it dated, I am sure if that was disclosed many investors would have stayed away......has any report from brokers ever mentioned the risk so plainly explained in the article?
 
watchlist Created with Sketch. Add BBP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.