BBP babcock & brown power

Paulie, I had the same Q.Came into BBP last year for the punt...

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    Paulie, I had the same Q.

    Came into BBP last year for the punt due to good assets and topped up some more around 5c last month.

    I was going to hold for the long run, but some of the announcements have just been "left field" and I recall what occurred with the BNB situ.

    I sold 1/2 last Friday and another 1/4 today, leaving the last 1/4 (now at nil cost to me, but not many) for the end game, sale or admin ?

    Small profits are good !

    Our BEPPA holding is for the long run in 2012, as BBI seems to be managed much better than BBP and has more diversification in assets.

 
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