BNB babcock & brown limited

guys im not really sure why you think that the BNB share price...

  1. 2,317 Posts.
    guys im not really sure why you think that the BNB share price will go up any time in the future. correct me if im wrong but the negative asset position they are talking about is your shareholder equity. based on assets they are insolvent and technically your shares are worth a negative amount.
    on top of this there could be massive dilution via a debt to equity swap which will no doubt be at some type of preferential terms to the bank which would make it so much harder for BNB to return to a positive asset position and you shareholders ever having a stake in an entity that is worth something.
 
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