BNB babcock & brown limited

I thought they were trying to negoiate a debt for equity swap?...

  1. treviso
    16 Posts.
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    23/01/09
    10:43
    Post #: 4721071
    I thought they were trying to negoiate a debt for equity swap? But the equity is worth zero?? I think a cosy arrangement has been worked out so maximum value goes to the bankers and zero to the equity holders. This stinks!

    BNB Price at posting: 32.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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