BNB babcock & brown limited

can those people, who said BNB is not worth investing in now,...

  1. 3,130 Posts.
    can those people, who said BNB is not worth investing in now, explain why the share price moves up again after moved down, and why there are still so many people queuing there to buy?

    I saw you guys' arguments are all based on DOW and Sentiment. irrational

    Sure, if BNB sells all its assets now, there will be nothing left for its shareholders. But how about companies like BHP? My opinion is that for most of listed companies, the shareholders can't expect to recover the amount equal to the share price at the time of talking of this, if the company is liquidated.

    so, the most key point is whether BNB will survive or not.
    as BNB's subsidiaries are the money makers for BNB, BNB is money maker to its creditors. if BNB's earnings can continue to cover its interest payments, why would its creditors let it down? During the period of bad time, banks also plan for the period of good time.

    BNB had got support from its creditors after its share price fell below $7
 
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