BNB babcock & brown limited

Ann: Update on Forecast 2008 Final Result , page-39

  1. 4,510 Posts.
    Towie, I am merely saying that this is an example of a serious dilution happening and if this was to happen to other BNB satellites, well this is the sort of pain that would need to be shared around.

    In the BBI situation, I think the ord share price already reflects this somewhat and you would like to think that BBI could trade its way out of that situation, but it is a possibility that needs to be factored in by any intelligent investors.
 
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