BNB babcock & brown limited

monkey buy: 3.52 nc, page-109

  1. 3,106 Posts.
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    See what happened to AFG and people trying to pick the bottom is a danagerous game.

    Yes BNB probably have better asset, but the biggest problem is debt and the bank may be geting nervious.


    Until things settle down a bit and management start to tell the truth then it will be better to access the company. Take ABC learning, when it fell it was all the shorters fault, after few will it was apparent it had balance sheet problems and they were force to sell asset and capital raise.


    Just my opinion do your own reesearch

    All the best to holders.
 
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Currently unlisted public company.

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