I wish the idea of a $2.50 buyout was true, but these rumors have been circling BNB since the crap hit the fan. The only knights in shining armor will be the banks and even then, they aren't going to do shareholders any favors.
I think there is a reasonable chance that BNB will survive, but only at the expense of shareholders. I wouldn't want to be holding the stock right now. I hold BNBG which is a little better, but definitely still not a safe bet.
What are the other BNBG holders willing to take for their notes? I saw one post saying $50, but at this stage, I think I'd be prepared to take less.
BNB
babcock & brown limited
I wish the idea of a $2.50 buyout was true, but these rumors...
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