BBI 0.00% $3.98 babcock & brown infrastructure group

re: rights issue/great support heading for asx 100 Yes Lzalokar,...

  1. 483 Posts.
    re: rights issue/great support heading for asx 100 Yes Lzalokar, it had great support at the book build at $ 1.58 meaning retail investors can now get set at $1.52. I read the allocation as being 1 for every 4.65 at 13 Feb. This looks stronger than the previous rights issue when the book build came in at 1.40 cum div. When I read the PD Ports story again it gets better all the time, especially with the Port already set up for increased tonnage. The land will be priceless too in years to come. Interesting about the ASX 100 entry, and if it happens soon, the effect on SP. Now all we need to do is find the $1.52 per share. Have to tighten the wifes purse strings I think.
 
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