Just wondering BNB desparate for cash as it try to survives, what is it going to do with 121 million shares it owes in BBI.
At current prices for BBI it will get about $3 million but add to other listed funds it has holding in, they may decide to go down that path may get them over $10 million
I think you cant rule out that BNB may try and liquiate all it position in a desparate attemped to survive and 121 million share in BBI may it the market.
It will be interesting what BNB does but one thing is certain BBI need to change it name back to prime infrastructure when it get through this current crisis
Just my opinion do your own research.
BNB
babcock & brown limited
Just wondering BNB desparate for cash as it try to survives,...
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