BNB babcock & brown limited

And basically the prospectus also says that if the company goes...

  1. 200 Posts.
    And basically the prospectus also says that if the company goes into administration that BNBG is worthless.
    If you were a bank, and you were looking at gaining a few hundred million dollars advantage from the bond holders whgo were holding fast to a legal contract with one big loop hole in it, what would you do?
 
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Currently unlisted public company.

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