from Blues:- "All this said I would still like to know if BIP...

from Blues:- "All this said I would still like to know if BIP will be listed on the ASX? Any news on this?"

I would also like to know that.....

I would expect that a lot of retail holders would want ASX listing and that BIP could could use no intention of listing on the ASX as a means of reducing the number of retail investors, effectively helping consumate the deal (and the BBI recap/buyout) their way.

I know they hate (lol) offering carrots unless the carrots look like they are going off, this may be one point that becomes a carrot, at little cost to themselves but major benefit in obtaining votes. Frankly I doubt they want ASX listing for BIP, takeover seems to be the end game name, otherwise they wouldn't have implemented both methods.

It could even be Merger and ASX listing or Takeover and no ASX listing, either way the numbers go BAM's way.

I agree it confirms the quality of the PIH investments. BAM have been struggling with their massive timber investments for years, low returns (4% pa) and low SP. Now they want PIH to supplement that 4% to a 7% return. I can hardly see BIP objecting, The benefit to BAM's friends in PIH is the more realistic SP that will eventuate plus a slightly better % return promise, but only a promise, see timber returns.

BAM are already giving them selves ~7% from PIH and it has always been their intention to milk it as much as they sustainably can. I would think that another DBCT construction cost would dent that for a few years, but no matter long term.

I already voiced my concerns about remaining local only in a previous post.

ifandwhen



one of these guys is focused