BBI 0.00% $3.98 babcock & brown infrastructure group

newsletter released, page-41

  1. 3,886 Posts.
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    Hi Vik,

    DBCT was BBI's first asset. Management have said they don't necessarily believe it is their best asset. It was more the media calling it the "jewel in the crown". BBI, to my knowledge, is not overly pressured into a sale at present. They have undertaken a price discovery process. You will only achieve a good value with an orderly sale/partnering arrangement as fire sales will achieve nothing.

    To date I have been impressed by the management (since the new board)and I hope they continue with the steady progress.

    Cheers
 
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