BBI 0.00% $3.98 babcock & brown infrastructure group

Ann: Anticipated Impairment Charge , page-34

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  1. 7,746 Posts.
    BB proposal basically gives most benefit to beppa(15c now into $1bbi in short timeframe), followed by cornerstone investor (20c to hopefully realise 34c nav), followed by current BBI holders who get diluted but atleast the company survives.

    All im suggesting is the cornerstone investor should benefit most, not beppa holders. If they get in first they will gain alot more.

    If they are willing to let beppa risk less for more gain then them at worst at there expense, then the cornerstone investor is a sucker, he should just snap up beppas instead.
 
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