BBI babcock & brown infrastructure group

bbi cap raise? - afr, page-84

  1. 14,880 Posts.
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    wachito,
    With all due respect, I did say I was bailing out of BBI as soon as the Corus news hit and at the time the SP was around 17c.
    I was very bullish on BBI at 2.5c and only stopped buying because I had reached my limit. Even I do have a limit..lol

    As AgentCooper wrote, all momentum reversed with CORUS/PD Ports. They are the facts. I am still very bullish on BBI as a company and I think its chances of survival are very very high. I am fully loaded in BEPPA (probably one of the largest individual BEPPA holders). I'm just saying the risks in BBI equity are too high right now, although as the price weakens, the risk diminishes. Remember it's all about risk/reward.
 
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