BBI 0.00% $3.98 babcock & brown infrastructure group

i bought BBI in last november when she was 3 cents. dint sell...

  1. 515 Posts.
    i bought BBI in last november when she was 3 cents. dint sell when she went back to 20 cents. only sold after the chorus news came out and sold at 14 cents. bought beppa as she was considered safe at 12 cents and after a month sold at 12.5 cents which was literally waste of time. i love this stock but she has got lot of issues. they have got problems selling euroports, why they need another month. deal should have gone by now. pd ports is gone case chorus is closing steel plant for sure. and if they even sell dbct who knows for what value could be less than 2.6 billion . QIC stuffed them around with powerco and took 58% it shows it is buyers market.the reason it went from 11 cents to 20 ecnts in day was when DB bought 100 million. Now they have sold out too. Things are bad for BBI at the moment. If they sell DBCT and NGPL what have they got to live. good luck for holders. and there biggest nightmare is sparcs. november is not far off.
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.