BBI 0.00% $3.98 babcock & brown infrastructure group

rather lose the lot than sell at 6c

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    Personally, I would rather be proved WRONG and lose the lot than sell out at 6c especially when I'm convinced a sell down of the total assets of the company would generate net proceeds after debt repayments of $1+ per BBI.

    When this recovers to 25c+, how sick are those who sold below 8c going to feel? That feeling would be far worse than buying at 6c and seeing it go to zero.
    Those selling at 6c are ASSUMING something is wrong (unless you are a true insider and know it ain't what we think it is). It defies logic to me to give away shares at 6c because you "think" something is not right.





 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.