bondholder buyout: speculation on businessspec, page-8

I would Sidave and I've got a heap of BNBG's. The banks are not going to give out $600mill to the bondholders and I think if the bondholders take a very stubborn approach and insist on 100c in a dollar, then the bondholders will probably end up with nothing.

I'm hoping for around 20c in a dollar plus interest and would prefer this amount than possibly waiting for 5years plus and getting nothing, which is highly likely. All the BNB assets would have been unloaded by then, the banks would have run with their money and there definitely wont be any left for the BNBG holders.