BBI babcock & brown infrastructure group
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my bbi valuation / dbct sale flows, page-18

  1. favro
    80 Posts.
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    28/05/09
    23:15
    Post #: 5216800
    The reset terms can't be that good because it would be uneconomic for BBI. Even if the terms were that good, nobody wants a perpetual security with no maturity date and no exit strategy. No investor is a natural holder of a perp, and will never vote for such a resolution.
    BBI Price at posting: 7.7¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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