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.
BNB
babcock & brown limited
Decan, you seem to be confusing equity value with liquidity. As...
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