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0.00% $3.98 babcock & brown infrastructure group

shipping assets in free fall

  1. yellowfin
    1,652 Posts.
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    19/11/08
    17:09
    Post #: 4515289
    I think I can help explain the share price free fall, I work in the Maritime industry. Shipping rates are in frefall and this includes the fee's that ports and terminal's can charge for freight and port fees.
    Bulk cargo rates have plunged 90% in the past 6 months and this will affect Dalrymple Bay and their European Port assest significantly.
    BBI Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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