"Babcock & Brown Power (BBP): Unequivocal
on asset quality, but too much refinancing risk;
management competency also in question"
This from Aegis Weekly focus on the 3rd June 2008. They had this right it seems, and one of the many reasons I chose not to buy regardless of the perceived fall to value being touted by others.
I hope for holders they have this right as well, at least they will have something left. Not sure when they changed this..."Changed to Hold Babcock & Brown (BNB) - from BUY " 12 mth Target $7.01
NAV of $4.65.
BNB
babcock & brown limited
