BBP 0.00% 9.5¢ babcock & brown power

what is the risk?, page-56

  1. ape
    409 Posts.
    they have asked for market particpants to make offers for various assets

    the offers are due mid dec 08 final offers due mid feb 09

    this company will raise funds consolidate and move on due to its list of essential assets...if the company closed dooors today your computer wouldnt work coz no electricity to operate it.the asx would close down and the country would collapse....bbp is a required company.

    the recent gas problems in WA demonstrate how required this company is.

    i have taken profits but will buy back when technicals suggest a good time to re enter.
 
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Currently unlisted public company.

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