BBI 0.00% $3.98 babcock & brown infrastructure group

lets do a stress test on bbi, page-19

  1. 1,464 Posts.
    Most BBN010 holders will plump for conversion on or before 26th March. However, most BBN010 holders will vote for reset May 2010, which will negate conversion. BBI directors will have the 75% acceptances of a reset in the bag as most sparcs holders will realise dilution is not in THEIR interests, so Bmission whilst it looks like doom and gloom the price of sparcs bonds has doubled and then some in the last week.
 
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Currently unlisted public company.

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