BNB babcock & brown limited

bnbg value, page-3

  1. DONACO88
    4,427 Posts.
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    11/01/09
    08:30
    Post #: 4679182
    i think at the minimum, noteholders will want minimum $50 per note. anything less than that and the company can go into administration.

    The bank is likely to lose more in Administration (noteholders will be wipe out), than to give noteholders $50.

    Remember, noteholders are debt holders too. Just that they rank lower, a $100 debt means a $100 debt.

    BNB Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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