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0.00% $3.98 babcock & brown infrastructure group

bbi: proposal to internalise management of bbi, page-5

  1. luckymjohnson
    805 Posts.
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    09/02/09
    09:34
    Post #: 4774413

    I think this is positive - no surprise that they are looking to get rid of the millstone that is BNB mgmt, but it is likely to cost them a few dollars - so they must be expecting to have a the dollars available to pay it out.

    The share price is waiting for the announcement of the asset sale which will provide the cash - perhaps that is not far away.

    DYOR
    BBI Price at posting: 7.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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