BNB babcock & brown limited

On low volume it seems the world is going to end.....at least...

  1. 13,201 Posts.
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    On low volume it seems the world is going to end.....at least bnb had its massive fall last month....personally i think the funds are still buying or at least that what it looks like on my screens....and why not pick it up alittle cheaper.....seems as though they are sucking in the shorts who are trading like its a total panic...

    Last time I checked, banks have bancked bnb, removed clause, Sand P have upgraded bnb credit rating and one fund had already built a 5% stake

    and the news on Allco refinancing for a year shows their is no panic at the banks and Centro selling this morning for only a 10% loss on book value gives me more confidence on the assets of bnb....

    Anyway just an opinion as I was bored watching the the attack on the shares
 
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