BBI babcock & brown infrastructure group

once in a lifetime indeed, page-35

  1. 2,892 Posts.
    Oh Melua,

    10 points for conviction....and as I have said a number of times...I really do hope she turns around for you and others and flys to a $1.

    But the shareprice at this point in time is inextricably linked to the fate of BNB.

    Furthermore, the risk of the unknown is what we both previously agreed was the risk to any investors capital in BBI at the moment.

    That unknown is the difference between the book value and what the prices BBI will attain on sale. Yes they have done well on the sale of 50% of one asset....it is the real lack of selling activity or more so....market depth of buyers that concerns me.

    I am watching with great interest. As I stated earlier, BBI is either the buy of the century...or the sell of the century. Each day we are moving ever closer to finding that resolve.

    Kiril.
 
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