Before BNB was in breach of their covenants and had their...

Before BNB was in breach of their covenants and had their deposit frozen by Hypo in Germany their notes traded for 20-30.

BNBG is not a trader's stock -- there is no liquidity, so there is no people jumping in and out for skimmed profits. it more accurately reflects the state of the company and its fortunes.

If the banks agree to a stabalisation plan that spans multiple years the chances of BNB eventually returning to paying coupons will go up substantially which will drive up BNBG hard.

I think at this stage the best move is for people to take profits from BNB and invest in BNBG, as it now has more potential.

The stock will not rally as hard if the stabalisation plan has a substantial D2E provision.