BBP 0.00% 9.5¢ babcock & brown power

net assets of 1.32 billion , page-7

  1. 16,097 Posts.
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    Is it possible for any potential buyers of BBP to buy a stake first on the market? What's stopping them from paying 3.6c as opposed to 50cps in a complete takeover?

    If they were genuine, why won't they be buying up a stake to just under the allowable threshold before launching a full takeover. That could save them alot of money and in today's environment, every dollar saved is one less you need to beg the bank for.

    Just my thoughts.
 
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