BNB babcock & brown limited

IMHO, any number above $10 is very unlikely. $5 will be good...

  1. ecsc
    3,130 Posts.
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    16/05/12
    15:34
    Post #: 10183560
    IMHO, any number above $10 is very unlikely.

    $5 will be good result to me.

    But the liquidator said in the letter " ...achieve recoveries that will SUBSTANTIALLY benefit creditors of BBL as a whole.

    I think $2 for a bnbg, which had a face value of $100, or 2c in one dollar, is insubtantial if the holder got the note at $100.


    Just my opinions
    BNB Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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