BBI 0.00% $3.98 babcock & brown infrastructure group

newsletter released, page-27

  1. 1,257 Posts.
    b00f,

    I don't believe your decision of putting all your savings in BBI is stupid, definitively is "some how" risky, but not stupid whatsoever. IMO the major risk BBI was facing was the BEPPA conversion and that risk has been dissipated by BEPPA board. The other risk was the West Net obligation which has been postponed and now BBI has enough cash to face future commitments. The price will be significantly raised once market stop perceiving BBI will face the same problems than BNB and BBP. As I've mentioned before, we need to be patient and probably we should not follow the day-to-day sp changes (I say we "should not" because I follow it hour-to-hour).

    Good luck!
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.