BBI 0.00% $3.98 babcock & brown infrastructure group

Could someone please help a lady in distress. BBI owe me 15c & I...

  1. 80 Posts.
    Could someone please help a lady in distress. BBI owe me 15c & I have been advised by the Co.to purchase more today or I will miss the distribution...if & when it happens. I was of the understanding the new shares were 1c., but apparently I am wrong & the amount has not been set yet. However I was told for every 15000 shares I own I will recieve one valued @ $5.08...(which would barely cover brokerage) if the dilution goes ahead. My dilemma is why should I throw good money after bad when they won't state a price for the SPP & how could I be any better off?
    I would really appreciate advice from anyone who has looked into this much better than I, as I think everything about this company is very bad news.Thanks
 
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Currently unlisted public company.

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