BBI 0.00% $3.98 babcock & brown infrastructure group

Price could be either $5 or $10 depending on conversion ratio of...

  1. 1,160 Posts.
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    Price could be either $5 or $10 depending on conversion ratio of Beppas into BBI's which is dependant on 20 VWAP formula.

    20 days won't be up until last day trading prior to Resolution vote, so hard to say for sure at this stage.

    Either way, each SPP bracket of $2500.00 will buy $2500.00 of shares at either price, and the value received will be the same value as received by the insto placement shares.

    There is also the 4c return per share held on vote day that will be issued on 24 Nov to consider.

    Anyone buying at the moment has a high risk tolerance and is effectively having an arbitrage play on the vote outcome.

    ifandwhen

    holding beppas
 
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