BBP babcock & brown power
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I agree that recap could be vulture funded. Even of there is...

  1. Hope2008
    1,981 Posts.
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    25/11/09
    10:43
    Post #: 5959159
    I agree that recap could be vulture funded. Even of there is equity injection of say 450m at current prices, that would bring NTA down to 20cents. Still okay as long as company survives.

    My calcs are based on say they issue 6.3b shares at around 8cents.

    BBP Price at posting: 7.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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