BBI 0.00% $3.98 babcock & brown infrastructure group

unit holders need to above issuing new cap?, page-11

  1. 1,091 Posts.
    If the ord holders come out worse, with a diluted SP of 1 or 2 cents, why bother, vote it down and kill the company. The board doesnt deserve their jobs let alone get any help putting a deal like this together.

    I can understand BEPPA/SPACS voting yes and trying to salvage something but BBI ords will have zip.

    I feel sorry for SPACs the most we are only a couple of months away and they would have at least converted at face value and had the chance to dump there shares on the market.
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.