BBI 0.00% $3.98 babcock & brown infrastructure group

bbi and beppa holders have been robbed

  1. 515 Posts.
    BBI and Beppa holders have been robbed by the management and the future major holder CI. I told you guys yesterday this is heading under 5 cents and so it did. This is exactly playing like BNB before its death. This will not die as BNB as the deal will go through the BBI holders will have some equity left for some action but the sp will be way low what CNP was left with. As CNP dint have sparcs, beppa and bond holders dilution issues. BBP will also meet the same fate even though it is not complex as BBI. Its dead line is loooming soon and BNB banks are gready as hell.
 
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