BNB babcock & brown limited

Why would you bother buying BNB at under $2? The company has...

  1. 433 Posts.
    Why would you bother buying BNB at under $2? The company has lost all credibility and now its going to have a firesale of assets to cut debt?

    I'd rather wait till its at 30 cents and look at lets see, the other 1000 companies better managed on the ASX.

    Babcock was always an over-leveraged company with a dumb, complicated business model that simply didn't need to be in shareholders portfolios.

    I still can't understand and I love it how analysts still with all their next-to-useless technical mumbo jumbo talk like they can understand but really can't.
 
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Currently unlisted public company.

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