BNB babcock & brown limited

market reaction to ratings downgrade

  1. 1,561 Posts.
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    Last ratings release was 17 September, and the day after BNB dropped from 0.92 to its low point of 0.68.

    For traders with long positions...sorry, but maybe leaked info so priced in!
    For buyers...good luck
    For holders...hang on tight

    The fact that it has been belted today is an "unfortunate" coincidence...hopefully the regulators have a good look at ratings houses how well they are keeping information confidential prior to release.
 
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