BBW babcock & brown wind partners group

spanish sale

  1. 2,899 Posts.
    From all the info on the sale of the Spanish assets I see "mid December" quoted as the target financial close of this transactions. Looking at the calendar you would think that would mean next week sometime. There has been good support for the stock the last few days , was looking a bit dodgy there earlier in the week at <75c ... Nice close to the week at 84.5 on good buying. If the Spanish deal settles next week as expected the stock could do quite nicely over the next few weeks. I am expecting $1.20 sometime in 2009 ... for approx 50% gain from current levels if you include the anticipated 9c dividend. Be nice to be free from the Babcock name as well ... certainly won't have the BBW ticker symbol this time next year , and will hopefully be a stand-alone self managed conservatively geared "Green" power company.

    One to buy and hold for the grandkids !!
 
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