BBI babcock & brown infrastructure group

bbi cap raise? - afr, page-5

  1. 647 Posts.
    I posted yesterday about my reservations on straight forward DBCT sale. This rumour confirms what I am suspecting, that they will get plenty of low ball offers but nothing they are happy to accept.

    The only thing missing from the BBI scenario that AIO and HDF had is a rally based on sale speculation. Without this rally a capital raising would be catastrophic. I would think a 30c price would be a minimum for worthwhile capital raising and that isn't going to happen.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.