Its dangerous to read anything into these bombed out stocks. But there is a clear rationale for the satellites to move inversely in relation to the parent, as it becomes likely many will survive as independent entities. The thing that has narked me all through this is the appalling information flow from BNB & all the satellites.
I question whether they have fulfilled their statutory duty to their owners (i.e. us shareholders), & I also question whether the ASX has done its job forcing them. Nasty taste in the mouth all round.
BNB
babcock & brown limited
