BBP babcock & brown power

still a long, long way to go...they are barely covering...

  1. 27 Posts.
    still a long, long way to go...

    they are barely covering interest, but to my surprise the banks have refused to pull the trigger

    they need either the whole company to go or for half of the company to be sold at worst asap..

    they are getting killed on the interest bill

    saying that, the last few announcements have been positive...the banks must be willing to work to facilitate full sale

    btw have been following this stock for the past year
 
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