BNB babcock & brown limited

whats wrong with the news isnt it good???, page-17

  1. 10,605 Posts.
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    Not to put too fine a point on it - BNB are selling their future prospects to try and buy time.

    That suggests there either a/ isn't much time left (most likely) and / or b/ they are buyin time hoping for a buyout offer (possible given the departure of two major shareholder / founder / exec types from the Board.

    In the current market I would only be making the latter bet with money you can afford to lose 100% of.

    My personal opinion only so do your own DD,

    Cheers
 
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Currently unlisted public company.

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