I've said a couple of times before that you can't ignore the Jim Babcock factor with BNB. This is a company that he has a 30+ year attachment with, knows inside out, still has a shareholding in and it still bears his name. There was talk a while back (on Business Spectator and others - try Google) about him teaming up with Terra Firma to cast their eyes over the company. I just can't see big Jim walking away from BNB, especially in the current distressed state.
We don't hold any BNB but do have a small BNBG parcel. Good luck to everyone that does though.
BNB Price at posting:
37.0¢ Sentiment: Hold Disclosure: Not Held
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