BBI 0.00% $3.98 babcock & brown infrastructure group

is this a big joke?, page-44

  1. sgi
    50 Posts.
    Have read posters comparing BBI with BNB and BEPPA/SPARC with BNBG, not sure if the following has ever been mentioned.
    One of the reasons, as far as I see it, for BNB management to put up that ridiculous/infamous proposal for BNBG holders back in January (0.1C in a dollar?) was they believed BNB international (the operate entity ) would continue operating as per ‘normal’ (not sure if this is still the case though).
    I guess the difference here is that BB infrastructure to be the owner of a number of key assets, fail on any deals of recapitalization will result in all the assets in the hands of administrators.
    On that basis, I certainly hope the management of BB infrastructure will come up with something more realistic for the BEPPA/SPARC holders.
 
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