BBI babcock & brown infrastructure group
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Viva,The number of ships is irrelevant as the contracts are take...

  1. melua
    14,880 Posts.
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    10/07/09
    13:47
    Post #: 5378126
    Viva,
    The number of ships is irrelevant as the contracts are take or pay. It is good for sentiment however but financially it does not make any difference.

    Sentiment changed to BUY as the fall from 19c to 6c has pretty much factored in the negative news. Upside is now greater than downside for both BBI and BEPPA.
    BBI Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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