BBI 0.00% $3.98 babcock & brown infrastructure group

results are out early!!, page-26

  1. 3,886 Posts.
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    Hi Pete,

    actually just read the announcement. Really busy in my day job ATM. From first read looks ok, won't really get to it till the weekend.

    Looks like a good solid result from unspectacular infrastructure at a quick glimpse. Progressing of the asset sales/partnering really holds the key.

    No word on SPARCS from what I saw. Repayment is important for those that lodge conversion notices or else a dilution of stapled securities interest will occur.

    I am sure Hamill and Co are aware of this and working to resolve it, as they did with Beppa "Change of Control" issue, however guidance would be good at this point.

    Cheers

 
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