They telegraphed the annoucement.... that was the signal to sell.
Its a pick over the bones job at the moment but money to be made.
It will be a hard road back for BNB...I doubt it would see its former glory again.. but a slimmer fitter model..
Have a bit of faith in some hard working executives wanting to make a success of it.
Trade.... Trade..... Trade... tomorrow... sell on 9th and wait and see
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BNB
babcock & brown limited
not good news, page-14
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