BBP 0.00% 9.5¢ babcock & brown power

It could ultimately be so many different things, however we do...

  1. 453 Posts.
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    It could ultimately be so many different things, however we do know that any sale of secured assets needs the banks approval, so it could be that they are in the process of seeking bank approval to a sale of some secured assets and renegotiaiting the remaining debt on balance of assets. I.e. maybe they have inked a sale contract which is subject to Bank approval, thus the contract inked is material and would normally need disclosure, but they do not wish to announce before it gets unconditional bank support. Just guessing
 
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