BBP
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0.00% 9.5¢ babcock & brown power

Would love for a full take over which I agree is likely to come...

  1. Bandalup2
    1,134 Posts.
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    07/01/09
    23:26
    Post #: 4668713
    Would love for a full take over which I agree is likely to come in at a discount (around 50-60c).

    Somehow I don't think they will go for it and opt for sale of the retail business or some other assets then wait for asset prices to improve. They may even be able to reinstate a distribution depending on what gets sold etc. That would be a great outcome.

    The big question is what those knuckleheads at BNB have to say in all this.
    BBP Price at posting: 12.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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