BBI babcock & brown infrastructure group
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Fairest way for equity holders is to allow an equity raising at...

  1. jonkey1995
    3,887 Posts.
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    10/03/09
    16:28
    Post #: 4886483
    Fairest way for equity holders is to allow an equity raising at the same $ to pay out Sparcs. This makes me think that they are hoping to minimise the amount of conversions and maybe, magically, free up some funds to pay those who convert out. However, not prepared to stake alot on this in this market.

    Cheers
    BBI Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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