Interesting article about Phil Green and his troubles in todays AFR.
He like many BNB Executives stocked up on BNB Satellite Funds through late 2007 and early 2008 such as BBP using Margin Loans.
Article states that in late 2008 Green was forced to sell his sizeable holdings in the Satellite Funds. The BBP share price in August 2008 was as high as 69c but by mid Sept it was down to as low as 8c.
Thanks guys!! NOT.
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