BBI babcock & brown infrastructure group
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yet another try to calculate beppa value, page-2

  1. Sarcophagus
    7,404 Posts.
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    14/09/09
    14:56
    Post #: 5639112
    your maths is strange
    i did what you said, and diddn't get 134M.
    7000-903-771+260+300=5.9B

    anyway, if the prefs have a face value of $1, why should they be worth anything less than that?
    the only thing that should change is the amount of shares that are issued in conversion (one dollars worth).
    BBI Price at posting: 5.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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