during normal time, bnb's assets would be highly sought after. but now it is the crisis time. banks themselves are in trouble, they may have to make irrational decisions. australian banks are in better shape than those in europe.
bnb can cover its interest payements, which is now much higher than normal. its lenders should be very happy for that. So, what is the point of letting such a business to finish?
anything can happen!
BNB
babcock & brown limited
during normal time, bnb's assets would be highly sought after....
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