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0.00% $3.98 babcock & brown infrastructure group

They only need to announce the deal rather than close to get the...

  1. ppup
    262 Posts.
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    27/08/09
    09:21
    Post #: 5561172
    They only need to announce the deal rather than close to get the VWAP up. I suspect BBI have a reasonable degree of power with regard to sale process timing. Their are multiple bidders, so it would have to be a conspiracy between bidders to delay the announcement of a winning bid. Delay of settlement is another matter as we all know.
    BBI Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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