BBI 0.00% $3.98 babcock & brown infrastructure group

i think i know why bbi have taken this path, page-10

  1. 56 Posts.
    "ownership interests of BBI ordinary securityholders, and EPS holders and
    SPARCs holders post-conversion will be significantly diluted by the
    recapitalisation."

    I despise the thought of dilution.
    Beattle I agree. It would be fantastic for existing shareholders to have right to participate in the purchase of newly issued shares. Especially if some big players are also committed. With the ann in mind, is this much of a possibility for existing BBI ord holders?
 
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