BNB babcock & brown limited

banks in the driver's seat

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    08/12/08
    21:43
    Post #: 4584120
    According to Business Spectator, BNB has sold its 20% stake in EBB for $2m. This transaction makes it clear who is in the driver's seat, if you had any doubts!! 4 cents per share is less than cash in the bank and EBB has no debt.


    http://www.businessspectator.com.au/bs.nsf/Article/Babcock-sells-EBB-stake-for-2m-$pd20081208-M53SA?OpenDocument&src=srch
    BNB Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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