BBI babcock & brown infrastructure group

my bbi valuation / dbct sale flows, page-120

  1. 4,510 Posts.
    I'll take whatever you are prepared to sell at 40 cents thanks otakou. Just list them for sale and I will move in on them.

    The only risk I can see is that BBI fails in between now and November. If I was to buy these, I would be taking a gamble that DBCT sells for a decent price, and 100% is sold.

    If that happens, then BBi will be around in November for me to convert and turn my 40 cents of bonds into 80-90 cents of shares (allowing for a little dilution). Or, in my dreams only, they may even have some cash for me, although I am pretty sure you will be getting shares.
 
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