BBI 0.00% $3.98 babcock & brown infrastructure group

wham bam thank you ma-am, page-10

  1. 1,170 Posts.
    lightbulb Created with Sketch. 99
    Think about it?

    If these idiots had not let it run so close to the next payment or went to the market say for around 500M 3 months ago, when everybody was doing it.
    They would have had at least enough to pay interest short fall.

    Or even repay short term debt, as we can see things are improving and I bet BAM will sell these assets in 12 months back to you and me for 10 times what they paid.
    We are all sooooo gullible.


    I know it’s a bit simplistic but, the real maths are simple
 
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