BBI 0.00% $3.98 babcock & brown infrastructure group

my analysis of today's announcements, page-24

  1. 88 Posts.
    Think I recall you telling us it was a bargain at 7 cents 3-4 months ago ?

    Dont you think that BBI is able to hold back the banks from "closing up BBI" is a good thing.

    So what you are saying is buy a company at 3 cents with a big chance it will go bust is a less risk then a company being able to pay it debt at 7 cents ?

    After all we are still waiting for the assets sale. Would it not be a good idea to keep telling the market we are unable to sell our assets but able to pay off the banks and hold the assets to sell in better conditions ?
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

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