BNB babcock & brown limited

so much for the "secret" settlement.They settled for $40M, minus...

  1. DONACO88
    4,427 Posts.
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    26/11/12
    19:27
    Post #: 11110162
    so much for the "secret" settlement.

    They settled for $40M, minus all expense and payments. This leave $26M to be distribute among unsecured creditor.

    Work out about 4 cents in a dollar, for each Notes. That is if the unsecured creditor don't take it all. Which might left notehoders with nothing much.
    BNB Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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