The review is covering major issues such as debt levels, dividend policy and of course management fees but one wonders how much independance is being shown in this process.There should be a full explanation of the review findings so we can all judge the independance of the recommendations.It was good to see the alternate co sec resign a few days ago. This may have been in regognition that he is a BNB employee and is conflicted. If they keep the management fee or pay some big amount out in settlement they will face severe scrutiny and maybe legal proceedings. New employees needed to manage BBI's assets if BNB is removed, wont be hard to find in this market.Even some BNB employees might jump ship and go to BBI.
BBI Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
