BBP babcock & brown power
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gpg, sir rons comments, page-7

  1. ironmonkey
    72 Posts.
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    05/12/09
    14:55
    Post #: 6007861
    Keep in mind the GPP stake costs them only $5 million (correct me if im wrong) assuming 10% of the BBP market cap at around 8c. They bought in at 8.4c I think.

    Its so small its expendable, to them it wouldn't matter very much if BBP went under.
    BBP Price at posting: 7.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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