Concur, disclose net deficient assets up front and shareholders will sign whatever you put in front of them, accepting a lower conversion price. Question is did the hedge fund which closed out its position this week know the details of the deal!!! If yes, there's the bottom. If no, which it will be 'dressed' as, means they're amazing, they they perfectly dodged all the bullets
BNB
babcock & brown limited
yesterday's annoucement is banks' blackmail, page-3
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