BBI 0.00% $3.98 babcock & brown infrastructure group

sparcs noteholders meeting, page-34

  1. 3,196 Posts.
    what i cannot understand is that this time last week....the experts were saying the sparcs votes was going to be a non event which ever way the vote went ....that a worst case would be a 1 cent move down and now its seems that all the talk is if they sell into the market the 250 mill it wound cause all sorts of panic....

    but please bear in mind that that there over 2.4 bill shares on the registry and if all share holders sold there shares on market tom of course it will go lower.....however
    holders need to put a value on the company and common sense would prevail at what price you would sell and at the
    moment you would only sell if dbct does not go thru ....not because there is and extra 250 mill shares in the market place that has already been discounted in the price ....

    regards....
 
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