BBI babcock & brown infrastructure group

75% will not be easy. That's 585M BEPPAs that need to vote...

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    75% will not be easy. That's 585M BEPPAs that need to vote yes.
    Not sure if there is much upside post the recap if it proceeds. Better value in other areas of the market. This will just a yield play at best. No significant capital gains to be made in my opinion. I don't think BAM will be too interested in the share price either. It will probably be in their interests for things to underperform. They have call options on nearly every asset.
 
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