BBI babcock & brown infrastructure group

Ann: Anticipated Impairment Charge , page-24

  1. 14,880 Posts.
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    nathan wrote: "i guess the restructure is off now. since NAV is only 54c before dilution. anyway it was never likely, just impossible on the numbers now."

    Nathan,
    I disagree totally but I understand a functioning market takes opposing points of view to work.
    NAV 54c BBI 6.7c
    87% discount to NAV. More than enough room to restructure.

    "just impossible on the numbers now."...... That's a big call Nathan. You might have egg on your face if it happens.
 
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