BNB babcock & brown limited

fifty percent of its recent value vaporised, page-10

  1. 208 Posts.
    Dick read the post. They are only responsible for the fundamental changes they have made to the business. The business has not changed! The sp is made up of 40% instrinsic value, the other 60% is the goodwill in the business. The board has no control over how people value BNB above its intrinsic value. Sentiment is bad, SP goes down (use a stop loss), sentiment is good, SP goes up.
    Boards are there to run a profitable business, not to manipulate thier SP (check out Enron).
 
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