BNB babcock & brown limited

If the refinancing is complete according to media reports posted...

  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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