BBP 0.00% 9.5¢ babcock & brown power

The constant fall since the announcement of the extension of...

  1. 263 Posts.
    The constant fall since the announcement of the extension of debt renegotiation has been on very low volume and i tend to think that it is nothing more than people getting impatient and not wanting to hang around for the end game.

    The big players are still holding firm and i am pretty confident that we will get either the debt renegotiation or a full takeover.

    Any thoughts out there as to which it will be?

    I tend to think the board is pushing for the renegotiation but if that won't get through they will be forced into accepting what is possibly a quite opportunistic takeover offer. Or they may be trying to renegotiate the debt in accordance with a takeover proposal.
 
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