BBI babcock & brown infrastructure group
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dreadswhy would BBI go to zero. Are you assuming it will stop...

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    27/11/08
    16:31
    Post #: 4548541
    dreads

    why would BBI go to zero. Are you assuming it will stop trading?

    Think about this for a minute.

    Assets value = $13B
    Debt value = $10B

    If it folds, and I hope it does, the $3B dollars surplus will be distributed to us. Hence this equates to $1 per share. As you can see, 96c profit per share assuming you bought at 4c.

    How's that for value?
    BBI Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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