Even if BNB were to fail its assets and arrangements would be assigned. There is unlikely to be any increase in energy that would not want to increase their stock levels.
BNB's problems are not the deals that they have done, but the debt asset ratio that has meant that BNB is too highly geared for today's bankers (who lost their money by investing in dud mortgages not dud energy assets.)
pre open, page-19
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ICN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| ICN (ASX) Chart |
Day chart unavailable