BNB babcock & brown limited

Do people really believe that if BNB went bust, there would be...

  1. StatsMan
    1,600 Posts.
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    11/12/08
    12:36
    Post #: 4594855
    Do people really believe that if BNB went bust, there would be less than 2-3 cents in the dollar to pay the bond holders after the banks took their cuts? I find this a little absurd. Surely assetts haven't devalues quite that much? Even if BNB go bust it seems a good speculative buy to me.
    BNB Price at posting: 16.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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