Iam not selling my notes until it reach at least $30. Considering that face value is $100. If bank approve the debt swap. BNBG will more than likely shoot over $50 at the minimum.
The way I see it, holding BNBG is like wearing rubber. It give you much extra protection, for little inconvenience.
Wish I have more cash now, I will buy all the notes currently on offer. Cause they will be at least 6 times current price come next week or when bank approve of the extension & debt swap.
BNB
babcock & brown limited
Iam not selling my notes until it reach at least $30....
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