BBI babcock & brown infrastructure group
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As I said, BAM stiffed everyone including the overseas fund...

  1. melua
    14,880 Posts.
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    30/11/09
    16:32
    Post #: 5982592
    As I said, BAM stiffed everyone including the overseas fund managers. It just gets cheaper every day. Trouble is, there are still better infrastructure plays without having bad management in charge. I feel sorry for the ordinary shareholders who not only got shafted with a piddly 4c offer to approve the BAM sham but they were then given the opportunity to trump up another $15000 for good measure. That $15000 is now worth <$12000. Nice one BAM.
    BBI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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