Just another recommendation Intelligent Investor got wrong. How anyone thought this would trade at a premium on listing is beyond me. They had to go overseas to fill the placement after local instos rebuffed it. The SPP suffered a massive shortfall. There is no pent up demand. There was never going to be demand upon listing. As RBS Morgans stated, there are cheaper infrastructure stocks available on the market right now. The local instos know how Brookfield operate. It's all one way traffic with them.
BBI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
