BNB babcock & brown limited

They said base on "negative Net asset position implied that...

  1. elgaes
    438 Posts.
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    23/01/09
    13:23
    Post #: 4722078
    They said base on "negative Net asset position implied that there was no value for equity holders at 31 December 2008" and also said that share may continue to be traded after the next announcement release. So I guess if the share for debt swap happens existing share will continue to be traded equally as new shares.

    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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