BBI 0.00% $3.98 babcock & brown infrastructure group

Dear Lucky,Unfortunately, like most others my vote doesn't...

  1. 462 Posts.
    Dear Lucky,

    Unfortunately, like most others my vote doesn't really matter as it will be up to hedge fund friends of RBS.

    I am not as happy as you are at only 37c (+my 6c) plus an unknown$ amount from AETD sales.

    It is the unknown amount from AETD sale that means I do not know what I am really voting for.

    Surely BBI can estimate and guarantee an amount to provide some clarity.

    If the combined return to BEPPA got to around 70c then I would be voting YES and I expect (only guessing) this would also get the >75% required.

    At 43c (really 37) Jury still out with me as I am still waiting to see if BBI come up with some clarity on AETD sale.

    At 43c it gives the hedge fund friends of RBS a reason to try to vote it down and pick up lower priced BEPPAS in the aftermath and then pick up the big $ if RBS every does a deal.




 
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