correct me if i'm wrong, but isn't bbp s crewed if bnb go under. hasn't bnb advanced a $400m loan to bbp that would get called if bnb goes into administration?
from my understanding bbi has no loans, cross guarantees, debt covenants linked with bnb. the only thing is the bnb management rights and bnb's stake in bbi.
so why is bbi getting trashed?
we need an update from management explaining the entire relationship between bbi and bnb so we can end this madnesss once and for all.
do you think if bbi was called 'australian infrastructure group' or something like that it would be trading at 2 cents?
also correct me if i'm wrong but dont most brokers have a buy recommendation on bbi and sells on bnb, bbp etc?
what is the difference between bbi and asciano? one is 2c, the other is 1 dollar.
what has happened today is a shameful display of investor ignorance and stupidity.
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correct me if i'm wrong, but isn't bbp s crewed if bnb go under....
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