BBP 0.00% 9.5¢ babcock & brown power

management shakeup, page-2

  1. SP3
    18,710 Posts.
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    The SUCCESSFUL sale of these 2 assets will be instrumental in ensuring that BBP will be one step closer from NOT calling in the administrators in 2009/10.

    This will be the catalyst for a re-rating in my opinion.

    I believe the sale will be completed after the 14th December, once the Federal Government announces the carbon credit targets.

    Overall, today's announcement, although not earth shatering, at least it was positive news.

 
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