BBI babcock & brown infrastructure group

I can't see how BEPPA can be put in a worse position....Except,...

  1. 434 Posts.
    I can't see how BEPPA can be put in a worse position....

    Except, if cornerstone investor (Texas Pacific Grup ?) pulled out, and so DBCT sold for less...

    BUt, if we get a cornerstone investor... i CAN NOT see it being reliant on BEPPA being bought back / converted for <25c.

    Ergo, worse case scenario. THE VERY WORST, is we can share BEPPA worth 16c now for 25c.

    It surely can't be lower?

    Quite a few times since I bought in around May I've been glad that I am in BEPPA only, haven't touched BBI... this is one of them.
 
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