announcement are just propaganda by the banks and board a scare mongering tactics, the reasons why the board release such an announcement is to cover their bud and their incompetence. now they can come out and say we told you so to shareholders and noteholders. its wasn't our incompetence, the announcement is an excuse to soften holders and blame everythin on the market and everyone except the board. an old trick in the book that's been recycled. next agm I say we sack the lot and replace the with directors with align to holders interest with good long term plan and who doesn't go and blame something else to cover their bud when sh#t hit the fan.
BNB
babcock & brown limited
