BBI babcock & brown infrastructure group

confidence in recap approval appears misplaced, page-45

  1. 1,257 Posts.
    Dargie,

    According to your post the weight of your vote is the same for a holder with 10k than a holder with 10m. I believe the example your giving is not entirely accurate. If holder a holds 50k, holder b holds 50k and holder c holds 1m, as far as I understand whatever a and b say is worthless if c says otherwise. Maybe I'm wrong, but that's the way I understand it.
 
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