BBI 0.00% $3.98 babcock & brown infrastructure group

bnb shares of bbi, page-16

  1. 4,510 Posts.
    121M share at 9 cents = $11M. Like that is going to make a difference to the BNB banks.

    If they put BNB under and destroy all the management agreements with the satellites, well that would really be cutting off their noses to spite their faces.

    The only way the BNB banks are going to recover their money is to keep it going. Just like the only way for BBI to recover is to keep the business going into the medium term and beyond, by conserving cash and NOT paying any dividends or bonuses until they have all the bond rollovers sorted and can show they can defeat the conversion of BEPPA. There is a long way to go before BBI can show this.
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.