BNB babcock & brown limited

Hi Bearcuban12, You forgot the part where the NTA is worth less...

  1. 8,028 Posts.
    Hi Bearcuban12,

    You forgot the part where the NTA is worth less than the debt, positive outlook is Zero, $0.50 is dreaming, but I am no Ph.D in finance/businese, so I will let those to work it out. My plan was to get it Tuesday and get out on Friday, trying to cash in the last price surge before the halt. Just didn't think BNB would throw a curve ball at me. Bad news and a trading halt on Thursday.

    It would have been a beauitful plan, Monday jump, Tuesday also, jump, so I jumped in, cash out on Friday. Such is life.

    No, our chance of getting our money back is like bee's dick.
 
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