BBP 0.00% 9.5¢ babcock & brown power

carrying values

  1. 453 Posts.
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    whilst their earnings downgrade was disappointing to say the least, I am pleased to see there was no downward revision of asset values / impairment. Could this be that the indicative bids received support their current carrying values? If so then perhaps we will no0t be disappointed after all. I note the the hit to the derivative position - interest swap out of the money was as I had feared.

    all might not be lost tho the market tells us otherwise.
 
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