could have been worse, page-6

i think the only thing propping it up at the moment from the day's low is the fact that UBS have flagged a possible management buy out. This is the only way shareholders will not lose more money. But realistically, I think the company will flounder down to the $3 level at best if this drags on and doe not come into fruition.

BNB has little hope. Interestingly UBS (largest supporter) has brought out a target of $6.80 revised down from $25. Merrill Lynch has also dropped to price to about $6 and are calling for change of management.

This may just go the same way as AFG....hopefully not for the sake of shareholders.