Good luck all.
http://business.smh.com.au/business/asx-could-be-among-the-budget-winners-20090513-b3cy.html
Babcock Power halt
Investors are bracing for the next chapter in the Babcock & Brown Power saga. The debt-heavy utility went into a trading halt yesterday citing "matters that are likely to have a material impact on BBP, including a revised outlook for BBP's business".
There is the chance it has attracted buyers for its power assets, put on the auction block amid growing uneasiness from BBP's banks providing a $2.7 billion debt facility. Another possibility could be a breach of debt covenants, analysts said. In March the company said its expected earnings could put pressure on its lending terms.
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