BBI 0.00% $3.98 babcock & brown infrastructure group

Apples,I'm not asking any opinion, I'm just trying to understand...

  1. 1,257 Posts.
    Apples,

    I'm not asking any opinion, I'm just trying to understand your point. By the time I was on "buy" mode last year my equation was something like this:

    I buy avg 5c - assets sales (DBCT mainly) is feasible - Reinstatement of Dividends by late 2009, early 2010 - Corporate Debt removed mid 2009/late 2009 - SPARC converted on sp avg 40c-50c, BEPPA not converted until 2012 sp 80c - 90c.

    I don't believe that any (not even a single one) of the abovementioned statements is feasible now. Do you?
 
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