BBI
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0.00% $3.98 babcock & brown infrastructure group

div to be announced at agm tomorrow, page-34

  1. watford
    2,123 Posts.
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    05/11/08
    14:10
    Post #: 4468906
    NeilN
    Unusual but I actually disagree with you on this occasion.

    BBI's survival will be helped by stopping dividends on BBI and deferral of dividends on BEPPA. However, additional equity may be required. So BBI sharteholders could face quite a bit of dilution and share price of $1+ may be a tough target. BEPPA on the other hand will be worth $1.08 worth of shares on exchange, irrespective of share price. What do you think?
    BBI Price at posting: 19.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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