BBI 0.00% $3.98 babcock & brown infrastructure group

sparcs noteholders meeting, page-30

  1. 14,880 Posts.
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    "Also, if a large SPARCS holder knew already they were going to vote against the deal, they would have shorted the BBI's last week."

    Spot on dargie. Perhaps that's the reason the stock got smashed late? The bigger SPARCS holders who elected to covert were already shorting the stock with the knowledge the vote would likely be NO.
 
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