BBI 0.00% $3.98 babcock & brown infrastructure group

25c might not be cheap, page-14

  1. 118 Posts.
    debt locked in
    shares at 25% NTA
    only issue is what is teh value of teh undisclosed management contract, which i beleive falls over if BNB goes under.
    assets very strong and only getting better with falling FX supporting a striong coal and gas sector.

    good offshore interest in assets.

    they will sort out teh management contract issue and then this stock will eb taken over.
 
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