Huntleys have just updated their recomendation to HOLD for BNB.
Its a carbon copy of AFG where they went from a BUY recommendation (when everyone else was selling) to a HOLD then to SELL/AVOID after it was all too late.
The damage to BNB has been massive and they need credibilty to do their type of business. Looks really bad.
BNB
babcock & brown limited
what must ian huntley be thinking, page-21
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