BNB babcock & brown limited

What are thoughts on the offer if it eventuates based on what...

  1. 263 Posts.
    What are thoughts on the offer if it eventuates based on what swap has told us?

    I will say about $20-$25 per note, my reasoning is that this is a significant discount to Face Value but 4-5 times last share price and it might be roughly half the value of Management Contracts and is therefore a reasonably fair compromise so both the Banks and Noteholders somewhat benefit from an agreement.

    (It is a big assumption that the banks will actually think that they should give us this to encourage us to do them a favour by not putting BNB/BBIPL into administration)
 
watchlist Created with Sketch. Add BNB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.