The agm presentation looked fine to me, all the graphs pointing in the right direction, UP.
So what, a few asset writedowns and a few unrealised losses, thats what happens in this market atm, the main thing is that $750M profit guidance still in tact and hasnt altered from previous anns.
I reckon all the negative stuff has already been factored into the sp, down some 60% off its highs.
BNB
babcock & brown limited
