Remember too that the BNB half year accounts close tomorrow night. They have to account for the fair value of their BBP holding at that point.
Given BNB have a 9.14% share in BBP, they are not going to be too upset seeing the share price rise. Every 1c BBP goes up means another $650,000 for Babcock.
I doubt BNB would actually do anything to influence the share price to rise, but they certainly have an interest in it doing so... as of course do the other sub holders like Deutsche Bank.
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Remember too that the BNB half year accounts close tomorrow...
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