BNB babcock & brown limited

bnbg 6500 at $4.75, page-9

  1. chachabear
    589 Posts.
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    07/01/09
    18:53
    Post #: 4667895
    Agree dargie, if the company survives the equity is definitely toast, and if it doesn't everyone including the banks are toast.

    BNBG is $5 for a reason. This is why I'm waiting to see if BNB can pull a CNP. Then it would be worth getting in albeit at a higher price, but with more confidence.

    I have a small BNBG pos, but will add to it if the stabalisation plan is accepted Jan 12.
    BNB Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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