BBI 0.00% $3.98 babcock & brown infrastructure group

trading halt, page-45

  1. 3,886 Posts.
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    Pete,

    I think the results will be released tommorrow. No reason not to be.

    Given we expected the PowerCo sale in the first quarter and QIC said they still are aiming at this, it is strange we got the trading halt. I think the board has done well to disclose this at this stage(even in the vague fashion it did), as most other (eg OZL) companies have waited until the death.

    I like the idea of continuous disclosure, trading halts at signs of trouble not after the horse has bolted. May it long continue.

    Cheers

 
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