BBI 0.00% $3.98 babcock & brown infrastructure group

bookmakers odds for the gamblers, page-17

  1. 1,115 Posts.
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    Provided BBI survives, BEPPA conversion is not a problem for BEPPA holders, only BBI holders. The possibilities are
    1. BEPPPA are paid out in cash at around $1.20 per unit
    2. BEPPA are converted and holders get $1.20 of shares for each unit.
    3. Some combination of these

    In case of 2 this could give a humungous number of issued shares but a 100:1 consolidation would cure that.

    Have been slowly converting and as of today I now hold only BEPPA
 
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Currently unlisted public company.

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