BBI babcock & brown infrastructure group

Morning,reported in AFR today that RBS plan to make a revival...

  1. 19 Posts.
    Morning,
    reported in AFR today that RBS plan to make a revival bid.

    Given that:
    1)maturities due next month can be dealt and not in bank's interest to invoke provisions which would lead to company's collapse
    2) more than a couple of major parties are interested in assets of BBI and fees associated
    3) companies like BHP are betting on a sustained resource boom which means assets Dalrymple Bay (with proposed capacity expansion)wil be become far more valuable
    4)DOW and ASX on fire

    shouldn't this be a reason to reject Brookfield offer and possibly see sp back where it could be above 20c

    any thoughts?
 
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