BNB babcock & brown limited

if the equity for debt swap goes ahead, does this mean that BNBG...

  1. DONACO88
    4,427 Posts.
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    30/12/08
    11:24
    Post #: 4643697

    if the equity for debt swap goes ahead, does this mean that BNBG will be swap as per face value, which is $100 per note.

    Does this mean that noteholders will be receiving $100 / (current share price at time of swap) = worth of share?

    considering the current BNBG price of $2.50 i think this is a bargain.

    Why are people selling BNBG so cheaply? what is the catch?
    BNB Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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