BBI 0.00% $3.98 babcock & brown infrastructure group

One thing that worries me is that if they had anything at all...

  1. 645 Posts.
    One thing that worries me is that if they had anything at all that they could release that was even slightly positive, something that would buoy the sp, then they would have released it...lets face it, it is common for Co's to release preliminary operating performance guidance if the news is good, we got nothing except the write down news ahead of time. A higher sp during the negotiating stage would be of benefit...the bidders would be fully aware of the state of play for BBI in the coming months, debt levels and payment dates etc and one would think that they will be using the deadlines as leverage in every possible way, this is possibly why the process as a whole seems so drawn out. Given the new week sees the release of the yearlys I wouldn't imagine that I/S or Helen Loissis feel the need to respond to calls for info at the moment, but worth a try anyway.
 
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