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0.00% $3.98 babcock & brown infrastructure group

bbi enters agreement to reduce debt, page-10

  1. dargie
    4,510 Posts.
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    05/09/09
    18:02
    Post #: 5603284
    I am not sure the VWAP is going to make a difference.

    I think they may just offer you a conversion ratio and you either accept or decline.

    - x amount of ords for your prefs

    - y amount of ords for your SPARCS

    then stand by (or bend more likely) for very dilutory rights issue.
    BBI Price at posting: 6.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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