BBP 0.00% 9.5¢ babcock & brown power

suggest , page-7

  1. 4,409 Posts.
    Hi can some one explain what this is about

    3. Is there any other explanation that the Group may have for the price change and
    increase in volume in the securities of the Group?
    We note that in various previous announcements made by BBP (and most recently on
    27 February 2009), BBP has made reference to a sale process being undertaken in
    respect of part or all of BBP’s business, as well as to BBP’s ongoing engagement with
    its financiers. These processes are still continuing and remain incomplete. While BBP
    acknowledges that these processes have been the subject of ongoing market
    discussion and analysis, BBP is otherwise not aware of the explanation for the recent
    trading as referred to in your letter.

    Taken from last announcement, is the company in trouble or what is meant?
 
watchlist Created with Sketch. Add BBP (ASX) to my watchlist

Currently unlisted public company.

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