BBI 0.00% $3.98 babcock & brown infrastructure group

In April 09 an ann was released stating the following, "Price...

  1. 645 Posts.
    In April 09 an ann was released stating the following, "Price discovery process has concluded with interest at both the minority and 100% level.
    • As advised to the market on 25 March 2009, Macquarie Capital Advisers has been appointed as adviser for the DBCT sale process.

    BBI in conjunction with Macquarie (as advisor) are proceeding with the formal due diligence process. BBI will update the market on the outcome of this process in due course, as appropriate.
    • At this stage the targeted closing date for binding offers is in the next 2-3 months.

    this suggests the closing date for binding offers being about end of July09....unless I have missed an ann re DBCT were half way through August, surely BBI could firm up the new closing date for binding offers....unless they still have no idea
 
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