BBI 0.00% $3.98 babcock & brown infrastructure group

cheap takeover offer, page-23

  1. 124 Posts.
    To be honest the trend is when people out of BBI they are so very negative, why? Because they want the price to go south as much as possible to the scraps can be picked up for naught.

    It could go either way, but the level of negativity is amazing. One question. If there was no announcment i.e no CSI then where would the shares be now. More like 7 or 8 cents. The fact is we have learnt nothing new and the announement was to ensure 2 things. a), the price does not sky rocket so that any interested CSI in scared off and b)the directors are well covered if things go pear shaped.

    I would rather have this than everone buying in at 14c and then its actually a shaer only worth 3c.

    Yes I hold and yes I am on a paper and realised loss. Gutted to be honest but I dont think all hope is gone as most sellers are suggesting.

    Cheers
    SM
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.