BBP 0.00% 9.5¢ babcock & brown power

They're $300 m short on the loan bookit'll have to be equity...

  1. 3,698 Posts.
    They're $300 m short on the loan book

    it'll have to be equity raising I'd say

    Not sure how much that'll dilute the original shareholders value though

    359 m shares

    $300 m to be raised could mean the original stakeholders will have to come up with .83 in a 1 for 1 issue or placement

    if the placement is based on say a price of $1.20 the dilution of value will reduce the stock $1

    Shares could drop another 20cents

 
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