BNB babcock & brown limited

wachito, your maths is scr3wed up.Market cap is $100M or so,...

  1. dargie
    4,510 Posts.
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    08/12/08
    19:46
    Post #: 4583842
    wachito, your maths is scr3wed up.

    Market cap is $100M or so, bond value is $600M.

    There's a 6:1 dilution for starters, before the banks even think about converting any of their debt.

    Massive dilution is coming. This is why the share price is tanking.
    BNB Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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