BNB babcock & brown limited

has bnb bottom, page-9

  1. dargie
    4,510 Posts.
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    18/12/08
    22:27
    Post #: 4621665
    TTC

    Noone will know what the bottom is until the reconstruction plan is revealed on Jan 9 and the extent of the debt to equity swap is known.

    It is futile to speculate either way until we know this.

    And the "halley's comet is coming early, so buy now" brigade can also put their charts away until this crucial information is known. As far as I am aware, there is no such chart that tells us what a debt for equity swap will be.
    BNB Price at posting: 15.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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