BBI 0.00% $3.98 babcock & brown infrastructure group

"that is, a process for being able to sell your ownership...

  1. 213 Posts.
    "that is, a process for being able to sell your ownership interest in any possible surplus - as I can't see any legal reason preventing me from being able to sell this interest in any possible surplus funds".


    The BEPPA will go 'ex-entitlement', with the entitlement being the proceeds of the disposal.

    When a stock goes 'ex-entitlement' to a dividend (ie 'ex-dividend') you cant trade your entitlement, ie a right to receive the cash before you actually do. (obviously, the timespan is different).

    Better still, think of it as having a shareholding of a company in liquidation. Once the liquidation is complete, you will get the proceeds. You cant trade this right.
 
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