BBI babcock & brown infrastructure group

As kiril said, it's the fear of the unknown that is driving...

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    As kiril said, it's the fear of the unknown that is driving prices lower.
    The only risk to BBI is the level of debt and whether the banks will re-finance when it is due. Those selling obviously think the risk is too great. I can understand that. We all know from history that markets overshoot and undershoot when greed and panic rule. I'm pretty sure we are seeing panic on a scale not seen in our lifetime. Logic then dictates that those willing to take a long term view will make money buying the market at these prices, albeit that the market may in fact go lower still.
 
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