Please take note
"The group's fundamentals continue to be in robust shape, particularly in the infrastructure business.
"Operating cash flows, interest cover and liquidity are strong and we remain well within all debt covenants.
Mr Green said he expected Babcock's cash flow position to be enhanced in the third quarter through the completion of the sale of its European wind power assets.
We should stop over reacting and be buying at these levels.
BNB
babcock & brown limited
