"i heard rumors, shareholders are getting 4 - 5 cents in the dollar. Not sure if it is true."
How can shareholders can be paid 4-5 cents in the dollar? The shares do not have a face value like notes. So, This is enough to break the rumour.
so, 4-5 cents in a dollar for the face value of bnb note should be intended by the rumour.
Furthermore, as indicated by the liquidator in its last circular to bnb creditors, the liquidator suggested the liquidation of the company continue for some time after the planned distribution payment is made.
Just my thoughts.
- Forums
- ASX - By Stock
- BNB
- bookarelli pty.ltd
BNB
babcock & brown limited
bookarelli pty.ltd, page-14
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)