BBP 0.00% 9.5¢ babcock & brown power

sale of wind projects for $352m , page-14

  1. 425 Posts.
    Three examples that come to mind are as follows:

    An article that appeared on the Business Spectator website that reported MOF as paying a 75c distribution (that was the capitalised headline as well as being repeated within the article itself) when it was actually paying 0.0075c (three quarters of a cent per unit).

    An article in The Australian, albeit some time ago, reporting on BNB and its 100% owned and operated DBCT (Dalrymple Bay Coal Terminal) when it was actually 100% owned and operated by BBI.

    Another article that appeared in The Australian on SDG that failed to specify that the money SDG lost on a fraud case involving two property developers was $64MN AUD when it was actually under $20MN AUD. They confused the local currency in the UAE with the AUD giving readers the impression that SDG lost $45MN AUD more than they actually did, succeeding in painting an unneccessarily bleak picture of the company whilst misleading investors and potential investors to boot.

    The list goes on, so the message goes out for everyone to take care with the sources you use and the information or misinformation they present their readers with.

    Stick to the BBP website, the ASX website and if you do read something in the media try and get a second or third source to verify that what you are reading is true and accurate.

 
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