I think that you should buy in small parcels as the subprime soap opera is being played daily(another casualty outed) - it will go on for another 6-12 months. Sentiment will drive the sp down, despite all positive news from the company-Unless investors are bored to death with this issue.
start with accumulating in the 21's, 20's etc. I hold a substantial stake, but will only accumulate at the lower levels - no need to rush in.
To turbocharge the sp, a lot of positive news must come from BNB:
1) Successful completion of Alinta bid
2) Strong profit result
3) reaffirm profit guidance
4) better explain the business model to investors
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babcock & brown limited
I think that you should buy in small parcels as the subprime...
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