BBI 0.00% $3.98 babcock & brown infrastructure group

bbi warns of wipeout threat, page-47

  1. 6,463 Posts.
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    pd debt will be extended for 3 months
    lenders would agree
    and holders of sparcs and beppa might have to take a haircut

    ok that would make it say 3 - 4 dents cap raising

    ok now current holders of bbi would want to hold for averaging down
    so at that level bbi would be a turnaround survival story
    and that would mean 100 to 200 percent upside
    that would give a price target of 10-15 cents after recapp

    hat happened here evryone is pis ed of cose they thought
    deal would make the shares fo to 20 30 cents

    that would happen now perhaps in 2- 3 years

    i feel buying it at current prices is low risk

    no advice given

    a lot o fear atm cose of what happened to bnb
    '
 
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