BBI 0.00% $3.98 babcock & brown infrastructure group

I defer to the better informed and market savvy, but it seems to...

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    I defer to the better informed and market savvy, but it seems to me that BEPPA are gold now.

    The company will be saved, meaning that they're worth $1 in 2012. They can't be diluted. The company may also have to shortly pay out the accumulated interest (4.3 cents?) to avoid a BEPPA vote getting in their way. That's a nice dividend, especially if you didn't pay much more than that for them in the first place.

    I hold equal BEPPA/BBI.
 
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Currently unlisted public company.

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