BBI babcock & brown infrastructure group

market cap and nav, page-88

  1. 647 Posts.
    Where's all the extra money gone..... additional funding costs.

    I don't see a clear way forward, 100% DBCT is disneyland to me. SP would not be at 6c, consider how many people are involved in the transaction Macquarie, BBI, Bidder etc. Are we to imagine that there is a good offer on the table (2.4B+) and no one is letting the cat out of the bag.

    More likely a partial sale plus capital raising to temporarily sure up the situation. I am happy to be wrong, I hold some Beppa and BBI but I would be genuinely shocked if there is a 100% DBCT sale.
 
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