BNB babcock & brown limited

we have nothing to fear - but fear itself, page-12

  1. 11,407 Posts.
    True. I dont think its going under either. But it is definately a complex setup of a company and the syndicate needs to be fully briefed.

    One rogue bank in the syndicate wont blow the whole BNB company out of the water....the other 24 have too much too lose so I assume in some way they will sort the rogue bank talked about in the media today.

    I dont think we will see it sorted today but most probably by mon morning BNB will be back on top of it.

    To turn this around though...they have a lot of work to do. Its possible but could take a couple of years.

    I have my fingers crossed for holders from being in the MFS situation, still holding from a suspension 11 months ago
 
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