BBP
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0.00% 9.5¢ babcock & brown power

These guys either Know something or just like loosing money.Did...

  1. techcoat
    1,858 Posts.
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    26/08/08
    09:07
    Post #: 4194610
    These guys either Know something or just like loosing money.Did a quick calculation.
    They started buying back in June this year at $1.99/share.
    Their 37m shares have so far cost them $25m.
    Thats an average of 67cents /share.
    They purchased a heap last week at 17cents otherwise their average would have been closer to $1.
    Will watch with interest.
    BBP Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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