BBP 0.00% 9.5¢ babcock & brown power

it will all be out within 2 weeks, page-26

  1. 577 Posts.
    I think most holders are waiting for the outcome of the announcement, they said around end of October so it can be anytime now. I wouldn’t be surprised if there is another extension, if so it’ll have a negative impact on the share price, but from what I can gauged so far, holders are reluctant to sell, and people buying now is gambling it’ll be positive news. I think we will see an extreme swing depending on the news of the restructure.

    If they can extend the loan just a little longer, I think eventually BBP can offload/divest some of their assets at a better price. It’s all wait and see lets hope it’s the good news we are looking for.
 
watchlist Created with Sketch. Add BBP (ASX) to my watchlist

Currently unlisted public company.

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