BBI 0.00% $3.98 babcock & brown infrastructure group

will the owners get a vote ?, page-7

  1. 1,091 Posts.
    Im glad that distributions are suspended at least we get a little bit of an extra say in the company via our holding in BEPPA.

    Nathan I would be interested in your thoughts on BEPPA. There are a number of posters who have a massive fear of dilution/hair cut to BEPPA. I just cannot see it happening. It is cheap finance and they dont need to touch it until 2012, so why bother.

    IMO this announcement can only be positive for BEPPA.

    If there is a haircut for BEPPA and its any where near the 20c range ill vote no and take my chances. (yes i realise admin will take a long time and i may end up with nothing but i entered BEPPA with that factored in as a worse case scenario). I can see no reason to let a cornerstone investor take all the upside when i have taken all the initial risk.
 
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