BNB babcock & brown limited

jump - pump and dump or value actualisation?, page-2

  1. 4,427 Posts.
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    Watch it goes up, then watch it crashing down again.

    Iam holding onto what I current have, because selling now would mean crystallising the lost. However, I won’t be touching BNB until January next year when we get more information regarding the future of this company. At the moment, it look like an Allco waiting to happen. On death row.

    Centro will survive because the bank, government and market in general cannot afford to let it die, however BNB is a different kettle of fish. AFG crash has no effect on the market and there is no reason for the bank to keep this BNB beast alive. If the bank don’t pull the plug, then the director will for their own personal safety. Either way, its us holders that suffer most regardless of the price we bought in. Very high risk, this stock. However, if it does survive. There will be great reward.
 
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Currently unlisted public company.

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