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0.00% $3.98 babcock & brown infrastructure group

no.If you are assuming BEPPA fully converts at $1 face (which I...

  1. dargie
    4,510 Posts.
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    11/09/09
    13:07
    Post #: 5630492
    no.

    If you are assuming BEPPA fully converts at $1 face (which I think is unlikely - it will be a set ratio), they will walk away with the number of shares x the issue price of the rights issue, and you can pretty much say that this price will be below the market price.
    BBI Price at posting: 5.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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