BNB babcock & brown limited

Even if BNB goes it will take years to wind it up ,extremely...

  1. 438 Posts.
    Even if BNB goes it will take years to wind it up ,extremely complex .
    IMHO The banks will want as much money as they can squeeze out of BNB , and this will include management rights to satellites.
    The banks will make provisions in anything that they do with BNB to safeguard those management rights.
    DO you really think they are going to let millions of dollars in management rights disappear? they have a responsibility to their shareholders.
    They will let BNB limp along ,while they extract every last cent that they can.
    I hold BBI.
 
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