BBI babcock & brown infrastructure group

and down she goes!

  1. 2,146 Posts.
    So what was the issue price in the end?

    I threw all my BBI prospectus rights issue etc documents in the bin.
    Lost a lot in BBI although was able to get 5.4 cents for my existing holdings last time they relisted.

    Now the new 'consolidated shares' are trading at $4.15

    Does that mean that if you divide $4.15 by 15000 you get 2.77 cents.....?

    I'm glad I didn't buy into this cap raising. IMHO these BBI managers have treated the long suffering shareholders with utter contempt and should be held accountable for their disgusting performance.

    Its an easy 'cop out' to lose all this money and blame it on the GFC

 
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