BBI babcock & brown infrastructure group
Add to My Watchlist 0.00% ! $3.98

Well said Danny.In addition, if BBI ord holders are deciding to...

  1. ejd99
    1,552 Posts.
    lightbulb Created with Sketch. 11
    clock Created with Sketch.
    06/11/09
    12:20
    Post #: 5881208
    Well said Danny.

    In addition, if BBI ord holders are deciding to vote NO on principal and get 0c verses 3.6c now or 4 c on recap then they should also not be in the ASX.

    Why 0c ?
    Well BEPPA, SPARCS and Bonds will get $1 + in VA before BBI get 0.01c and the chances of BEPPA getting the full face value in VA after bank debt cleared is nil in the current market.

    It's game over for BBI ords, and if you are unhappy (and I'm sure there are plenty), take the money, buy an airline ticket and attend the AGM. This is where you can make the directors squirm in front of all the other stakeholders.

    Dis: Small amount of BEPPA only.
    BBI Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.