BNB babcock & brown limited

We have to wonder who or what drove the sp up into the '40s two...

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    We have to wonder who or what drove the sp up into the '40s two days ago. I think tha the ASX should be asking the same question.
    Two questions: First, is this ann out of line with what was already understood to be BNB's overall debacle?
    Secondly, considering that people would have known that this ann was on the way, who drove the price on massive volume up into the '40s? It makes no sense that instos would have leapt in.

    Is this another ploy? Is Does this ann state the obvious? Does it foreshadow next week's bank arrangement? Or does it foreshadow something worse? All valid questions, but worth considering. Views will be welcome.

 
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