Kakashi - some good points. Obviously you are not one of those whom like to claim they know it all (in hindsight of course) and have some rational reasons to your opinion.
Like I said they have a massive discount to Net Assets.
Does anyone here honestly think that fear and panic are not what is valuing BNB at this price? I agree that it is not worth $30. Not even $20 in this macro environment. But to those whom are commenting that it is pretty much worth 0.50c because it is cool to bag this stock in the current climate..... well you are just sheep who are following the crowd. Eventually sheep get eaten by wolves. Like I said show m your post when BNB was at $30+ when you said it was worth 0.50c. BNB has Net Assets of something in the order of $8 per share. Thats NET (assets minus liabilities). Once the sheep get all eaten and sense returns this stock value will return too.
BNB
babcock & brown limited
