I'm interested to hear what others think about BBI's debt position in light o the current market correction.
On the Fox business channel over the weekend one commentator suggested the satellite infrastructure trusts set up by Babcock and Mac Bank were at risk of a meltdown because of their debt position. He did not single out BBI.
The company itself has already recently reassured the market in relation to this issue via an ann in Dec but as the fear sweeping the market spreads and the BBI share price tumbles are holders concerned BBI might become the next Centro or MFS?
Are holders intending to participate in the SPP? I am hesitant.
BBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
