BBI babcock & brown infrastructure group

dumped and out, page-17

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    "Melua do you still think that 19c is easily passed long term if dbct is sold for a good price and it occurs that PD Ports loses the revenue"

    YES.

    "This leaves bbi with its short term debt cleared."

    Wrong. ALL their short term and long term corporate debt cleared. The lot!

    "Would the market even care still?"

    Absolutely. You saw how easily the stock got to 19c from 7c once the instos got involved. Once debt is cleared, distributions can resume. That's when you will see numerous instos clammering to get on board. Dividend resumption will be the big catalyst for BBI 50c.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.