BNB babcock & brown limited

All the documents put out by BNB state that BBIPL can keep...

  1. wellwellwell
    70 Posts.
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    27/02/09
    09:37
    Post #: 4845961
    All the documents put out by BNB state that BBIPL can keep trading even if BNB goes into liquidation. Assuming this is correct (it would be nice if it wasn't so that we could sue them with a nice class action!) then this makes the BNB administration option less appealing doesn't it... How would the administrator treat the subordinated BBIPL loan guarantee?
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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