Once an ASX darling now heading towards CNP and Allco's fate.
BNB have some good assets so offloading them will not be a problem.
Predicting the share price.....
Well its fallen,,,, fallen and fallen some more.
Yes there looks like we may see a correction but then again we may not.
Going LONG now is dicey as the shorters have beaten this down and it still may cop another. Looks like that 2 buck support mark will be critical.
Going long from that support is a calculated risk and deserves close stops
If it drops below 200 then a short would be a better bet.
BNB
babcock & brown limited
Once an ASX darling now heading towards CNP and Allco's fate.BNB...
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