BBI
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0.00% $3.98 babcock & brown infrastructure group

I posted yesterday about my reservations on straight forward...

  1. sdmartin10
    647 Posts.
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    02/07/09
    09:28
    Post #: 5347537
    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.
    BBI Price at posting: 6.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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