BBI 0.00% $3.98 babcock & brown infrastructure group

dargie, as I said "ANY THOUGHTS" and thank you for yours, always...

  1. 645 Posts.
    dargie, as I said "ANY THOUGHTS" and thank you for yours, always appreciated...I did also say "not untill all corp debt paid and Mngmnt internalised" I also said that they would have to deal with prefs, but I suggested that to buy out that debt cheaply they could offer 35c p/pref which would only cost them say 235m...so yes It is unlikely but entirely possible...OZL...mm buy whole box and dice cheap, they pay out all debt making it appealing enough for banks to give neccesary extensions...so the theory that there are no buyers for heavily geared companies just doesn't bear out. Pete.
 
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