BNBG still a better buy than BNB? If BNB survives which it will, BNBG will converge to 100 (eventually); But will probably trade at around 80 to 90 or so when it settles down given the perceived increase in risk and hence borrowing cost on sub debt. Dividends paid on BNBG before BNB.
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- should hit 7.00 today
BNB
babcock & brown limited
should hit 7.00 today, page-3
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Simon Kidston, Non-Executive Director
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