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0.00% $3.98 babcock & brown infrastructure group

buy side big, page-7

  1. melua
    14,880 Posts.
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    15/05/09
    11:10
    Post #: 5140279
    dargie,
    If I am reading correctly, the remaining 120,400,605 SPARCS on issue can now elect to convert to BBI anytime up until Sept 28, 2009.
    If that's correct, that is potentially a massive dilution if the BBI price remains in the doldrums. At 10c, it would mean a further 1.2Bn BBi shares issued.

    Disc. Hold BEPPA only.
    BBI Price at posting: 10.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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