re: Ann: Euroports - Co-investors take 29.7% ... nalex - yes you are missing something.
cash released to BBI has no relationship whatsoever to book value.
the deal is a little murky in that they are issuing new equity in the vehicle in order to fund some capex and also to release a little cash back to BBI.
i am not close enough to bbi or to the assets to have a view on what it means for BBI overall, but the pricing of the equity issuance did not look like a disaster.
- Forums
- ASX - By Stock
- BBI
- Ann: Euroports - Co-investors take 29.7% interest
Ann: Euroports - Co-investors take 29.7% interest, page-15
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)