excellent post swap.
do you have any idea of how much / what assets bnb actually owns? i find it extremely hard to believe that bnb is trading with no assets and $600m of debt.
imo bnb has to disclose "in the next few days" exactly what capacity they have to pay and how this compares to the offer they will make.
BNB
babcock & brown limited
spoke to bnb, page-30
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