The more I read about BNB the more I’m convinced that nobody trading this dog understands the fundamentals behind the stock. All I read is “it’s dead” or “sp smashed”, but no one really talking about NTA or about how the debt to equity plan might be implemented. So far, there are no major differences between gambling on horses and “investing” in BNB. BNB is not a horse with a broken leg; it is a company with a difficult balance sheet which can be fixed. IMO, comments here are full of emotions and poor in fundamentals. My question is has anyone read the Annual Report? Does anyone know what the NTA for BNB is? Does anyone know why banks have injected 150m? Are we all just betting or are we investing? Please, don’t get me wrong, but I’m not really interested in gambling discussions, I have a Tab not far from home and I can bet 24hs on the crown casino…let’s talk about financials!
BNB
babcock & brown limited
The more I read about BNB the more I’m convinced that nobody...
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