BNB babcock & brown limited

i dont get it, page-23

  1. kacy
    11,682 Posts.
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    12/06/08
    18:36
    Post #: 3849749
    I understand their gearing is 60%, but more importantly the main assets don't depreciate like property can, and they earn plenty of income from the gas and electricity they supply. So its a bit different to property investors like centro.
    BNB Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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