BBP babcock & brown power

i have checked out with losses, page-9

  1. 738 Posts.
    pviews...bbi say by 31 of july, but the banks are able to call in loans on wednesday, 3 june, as are bnb administrators....the announcement was T for trouble last week, they can barely pay their interest bill

    looks more and more like a short covering rally, ala bnb before the end...why else would it rally??? Based on the announcement last fri saying that they 'hoped' that their icr breaches won't have an impact - v unlikely imo.....

    management should have done this deal ages ago....i hope it works out for all holders, far too risky for me
 
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