Are you referring to the article in the age? I read that article by the columnist there. All I can say about that is poor mum and dad investors who believe that garbage. The article rambles all over the place, trying to make a connection between BNB, MQG with the like of alco and centro plus other failed companies.
The one thing all BNB shareholders have to take into account is that the biggest and fittest companies survive. In this limited credit environment, which companies can still get access to it? BNB with its recent capital raising for US expenditure is a proven one.
They are in a good position to take advantage of new opportunities and pick up the cheap assets of other companies who don't have thier financial power.
With the recent share price spike from a low of $15.80 to yesterdays recent $19.9 plus $0.33 div, how much money could mum and dads have made? I am currently holding to see if it can break the current $20 resistence.
- Forums
- ASX - By Stock
- BNB
- shorting
BNB
babcock & brown limited
shorting, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)