BBP 0.00% 9.5¢ babcock & brown power

As I said I really hope BBP turns out well. I have a large...

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    As I said I really hope BBP turns out well. I have a large holding in BBI/BEPPA and it will help sentiment if BBP comes up roses. I'm merely pointing out possible scenarios.

    I don't like profit downgrades so close to each other. I think it indicates very poor management.
    I don't like seeing a company breach debt covenants.
    I don't like seeing equity holders at the mercy of banks.

    That's why I am now out and happy to be out. Good luck with BBP. I hope they get an offer of 30c per BBP.
 
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