Ian,
we can't say, Maq is surely running the numbers in the background, there is value in BNB somewhere and you know Maq are looking for it...they have their price of purchase.
I doubt that Maq care too much if their sp falls in the short term as they'd be looking at long term value add.
Bear looked cooked, but JPM knew what they were doing - it's a dog eat dog world when things are sinking, and usually the biggest baddest dog on the block wins.
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- bye bye bnb
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babcock & brown limited
bye bye bnb, page-4
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