BNB babcock & brown limited

stock will be up today

  1. 551 Posts.
    If the refinancing is complete according to media reports posted on the board.

    Company has fallen 30% in last two weeks because of this BBP so Short covering will kick in.

    Id expect some positive cash flow announcements to add some fuel and a well supported oversubscribed debt group.

    Back over $10 ... and then $11 and then $12.

    All the bad news is in the stock price after yesterday.

    Market will be down. BNB will be up. Insto buying.

    ASIC will investigate the stock manipulation and a few posters here should be quite nervous, especially if they have short positions and were spreading rumours.
 
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