BBI babcock & brown infrastructure group

smh article, page-15

  1. 149 Posts.
    Hi Melua

    A couple of questions for you. Im getting the feeling that news may have been leaking about a possible 49% sale of DBCT...hence the big buyer. But what if... yesterday's news about PD Ports is going to lead them to sell off the entire 100% of DBCT.

    Im holding because I believe in the sale of DBCT, and 100% sale is now really on the cards - which is fantastic news for BBI and those on HC as well. What is your take here?

    Also, your reaction to the news yesterday seems to be so sudden, sure you're not lining up more shares? Haha. We cant criticise the BBI share price on a day when the rest of the market is down 60 points and the day after the dow fell through the floor.

    Anyway, I suppose the main point is that 100% sale of DBCT is really on the cards now. I have the feeling that the 49% sale was really a pride thing with management. I see the opportunity to sell 100% of DBCT as a real positive for BBI overall.

    Dargie and others, your thoughts are also very welcome.
 
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