BBP
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0.00% 9.5¢ babcock & brown power

overdone..technically oversold...screaming buy, page-4

  1. timbin4
    3,186 Posts.
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    21/08/09
    11:50
    Post #: 5538317
    Melua the only way they'll come up with the cash to pay out the BNB loan is to sell assets.... and so far this year its 'all quiest on the Western Front'.

    If they annouce they have found $400mill in asset sales, then the next question is... how much did they have to sell to find the $400 mil?

    Maybe that could be the 'significant annoucement'?

    That could be something to get excited about.
    BBP Price at posting: 5.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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