BBP babcock & brown power

emark, remember when bnb rose a day or 2 before it went...

  1. 738 Posts.
    emark, remember when bnb rose a day or 2 before it went caput...the banks can pull the pin, as could bnb administrators, after June 3 as per the 2.7 billion loan facility, takeover announced or not

    the next trading halt, if there is any, might be curtains

    nice rise today though, i have no idea why...even if they somehow are houdini, they will be paying nigh on 10% interest on an ever shrinking ebitda base...the banks might even take some or all equity
 
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