We went from mid 50's in early November to mid 20's at the end of December. Unfortunately breaking 50 has not in the recent past meant a take off. The graph up may not reproduce the graph on the way down.
I would be interested if anyone has any information about the status of the satellite management agreements if BNB goes under. I think it will very much depend on what 'going under' means & whether it represents a default event in the contract. For example if BNB laid off all staff including those working for BJT I cannot see that BJT would need to pay compensation.
BJT
babcock & brown japan property trust
