BNB babcock & brown limited

Per share or per BNB note? There is no way shareholders of BNB...

  1. Rifici
    2,239 Posts.
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    12/02/12
    17:15
    Post #: 9681756
    Per share or per BNB note? There is no way shareholders of BNB will get 2-3c per share. Only the note holders stand a chance of getting this. BBL has to pay $600mill to noteholders before shareholders get some of the money. As a holder of unsecured notes, I'll be happy with 3c but would prefer 5c + send the bastards to jail and prevent them from being a director of any company for at least 5 years. Dodgey Bro's incorp. were running BNB.
    BNB Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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