BBI babcock & brown infrastructure group

massive wall being built, page-23

  1. 7,746 Posts.
    1.I think most people would be interested in picking up some more BEPPA at cheaper prices.

    2.Mine are always for sale at the right price
    3.50c before xmas is very optermistic. 30c quite probable, but 50c would require top of range sale of DBCT, favourable Corus outcome(PD Ports) and atleast one other unexpectedly good announcement.
    4. Agree BBI has great positive cashflow, the bamks are unlikely to do anything stupid, and hopefully after DBCT sale the sweep will be removed.
    5.Technically BEPPA can be diluted. BBI are allowed to issue a security that ranks equally to BEPPA but not higher. Unlikely though because nobody would buy a new issue if they can get siimiliar terms at 12c in dollar.
 
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