BBI babcock & brown infrastructure group

Thanks for your feedback dargie.It's pretty easy to work it out,...

  1. 80 Posts.
    Thanks for your feedback dargie.

    It's pretty easy to work it out, but here are some examples...

    If the price is 10c when BEPPA is converted, the target price goes from 38c to 8.7c because you will need 8 BILLION new shares to be issued to satisfy the BEPPA liability. 8 billion shares would cause the current shares on issue to climb to 10.5bn, which means current shares own 23% than they did pre-dilution.

    At 20c, the target price moves from 38c to 14.4c and so on and so forth.

    I guess I can include a graph perhaps?
 
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