BBP 0.00% 9.5¢ babcock & brown power

pviews...bbi say by 31 of july, but the banks are able to call...

  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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