BBI babcock & brown infrastructure group
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age article re bbi, page-8

  1. melua
    14,880 Posts.
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    03/09/09
    08:16
    Post #: 5590323
    "If BBI ends up with 10 billion shares on issue, I cannot see its shares going to $1."

    That's exactly what I was saying. Forget about riding BBI to $1. It's not going to happen as NAV will be circa 20c.
    When I was bullish on BBI at 3c in November, NAV was $1.30. Big difference now.
    BBI Price at posting: 7.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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