BNB babcock & brown limited

BNB is obviously at the mercy of playfully greedy and...

  1. 445 Posts.
    BNB is obviously at the mercy of playfully greedy and manipulative short sellers trying (succesfully) to drop the SP below the trigger of $7.50 (=market cap of 2.5 billion), but as I read the ASX announcement at 238pm this will not bring on calls for closure of big debts for another 4 months anyway which gives plenty of time for the SP to recover. Unless we see more 20-30-50% sp falls which seems unwarranted or just plain dumb to me, maybe I am dumb I dunno?
 
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