BNB babcock & brown limited

prospects for bnbg's, page-11

  1. 4,427 Posts.
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    6 months ago, bnb asset was worth much more than now. 6 months in the future, it is likely that bnb assets will be worth mich more than now. clearly the banks have taken advantage of the timing to screw noteholders. i'd say we go into adminstration rather than accepting a measly $5 per notes. even in administration a fire sale, won't happen till 6 months time. by them hopefully things will be better.. else, we are screw as well. just like now.
 
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