Soon as i read that article,I thought exactly the same thing. Most buyers of these sorts of assets are now looking to purchase cheaply for the long term.Too cheap and they do not get BBI's asset, contrary to what some are suggesting,this is not a fire sale. Corus on one side,Tesco on the other, well, PDports sale can be canceled to a later date when conditions improve. Storm in a teesport. BTW with all the doom and gloom about euroports and pdports sales at the moment,remember its not over till the fat lady sings,none of us are privileged insiders to what deals are being struck or not being struck behind closed doors ,we all have to wait. DBCT has ,is, and will be the main game. NGPL in holding pattern.
DYOR and i hold BEPPA
BBI Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
