BBI babcock & brown infrastructure group
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Don't expect to see a t/o offer before the mgmt agrement is...

  1. luckymjohnson
    805 Posts.
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    20/03/09
    18:59
    Post #: 4928446
    Don't expect to see a t/o offer before the mgmt agrement is bought out - it is like a poison pill.

    Unless it was a joint deal - someone buys the mgmt agreement, 9% of BBI shares from BNB and uses it to prevent counter offers, launching their own low ball offer
    BBI Price at posting: 5.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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