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0.00% $3.98 babcock & brown infrastructure group

nathan's bbi restructure., page-11

  1. dargie
    4,510 Posts.
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    12/08/09
    20:07
    Post #: 5499885
    "a smart cornerstone investor ould invest now, get what they want from the company/assets, then convert the beppa in 3years."

    Good luck finding a cornerstone investor that smart.

    When someone bails out a company in trouble, they want all the loose ends tied down and everything in their favour. That's the way it goes.

    AIN'T NOBODY GOING TO PUT MONEY INTO BBI WITH $700m OF CONVERTIBLES HANGING OVER THEM. NOBODY.
    BBI Price at posting: 6.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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