NAB has failed (at this point) to sell its BFC Debt - refer Australian
By BRIDGET CARTERDATAROOM EDITOR7:30PM MAY 12, 20241 COMMENT The future of Beston Global Food appears to be hanging in the balance after NAB tried to sell $55m worth of debt owed by the company to credit funds but failed to reach a deal.
Sexton/Gerlach - here is your chance to do what you have been trying to do (get absolute control of BFC) since BFC was listed, make an offer to buy NAB debt ($55m but fire sale suggests value is closer to $10m) with the funds you received ex BPAM and assume control of BFC. Doesn't fix the business problem but will feed your egos with BFC that have run uncontrolled for years.
Thank heavens I'm a stockwatcher.....................................
BFC Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held