BNB babcock & brown limited

yes, it's dead now, page-8

  1. 11,667 Posts.
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    Decan, you seem to be confusing equity value with liquidity. As long as BNB remains supported by its banks it remains liquid. IMO the banks would prefer to keep BNB a float in the hope that the assets appreciate when the economy improves. Most likely the banks will put a positive spin on the restructuring plan and will continue to support BNB. To do otherwise would be an admission of loss and would be reflected in their share prices.
 
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