BBI babcock & brown infrastructure group

michael west - business day, page-20

  1. 4,250 Posts.
    lightbulb Created with Sketch. 23
    November sounds good.....but yes the leg work was no doubt done many months ago. Which would put it around mid year.

    ..pure speculation I know....but I wonder how negotiations would be faring now in th current climate.

    ---------------------------------------------------------

    I wish I could find it, but Agent Cooper in one of his posts stated that.....

    QUOTE - BBI needs to reduce distributions to preserve cashflow, they need to sell assets and reduce debt, and they need to renegotiate the BNB management agreement and the needed to appoint an independent chairman. Mr Market said they needed to do all these things to appease the markets many criticisms.

    BBI have done all of them...and the price has tanked from 87c to 7.7c

    There is something going on we don't know about.

    Coop - END QUOTE

    What is it that we don't know about? Any further ideas?
 
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