BBI 0.00% $3.98 babcock & brown infrastructure group

facts, page-10

  1. 14,880 Posts.
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    That's right elitehacker. I have had a plan all along. I will not waiver and you're spot on. I am riding the less risky BEPPA as well as BBI whilst BBI is still in survival mode. Once DBCT is sold for a great price and corporate debt is all but paid off, I view that as the trigger event to say BBI are "out of the woods" and will definitely survive and therefore it is advantageous to switch my BEPPA into BBI (so long as BEPPA are 3/2 on BBI).
    BBI are a chance to trade at 2012 NAV which on my figures could be close to $1.40/$1.50 depending on asset sales of course. BEPPA can never trade at those prices. BEPPA serves a purpose for now.
 
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