BBI 0.00% $3.98 babcock & brown infrastructure group

holding pattern, page-8

  1. 1,019 Posts.
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    that would be great if we could escape through a vote at the agm to sack bnb

    Actually, I believe that is the case. About a month ago, somebody posted an extract from a BBI document that stated just that. That BBI shareholders could at any stage discontinue using BNB as managers by a vote of shareholders. I also got the impression then that it would cost nothing to remove BNB so long as they could prove that BNB were unable to carry out their management duties to the satisfaction of BBI shareholders.

    It's too far back to search for that post, but perhaps the person who posted it could redo.
 
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Currently unlisted public company.

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