BBP 0.00% 9.5¢ babcock & brown power

As far as I can tell, the facts underpinning the situation have...

  1. 1,190 Posts.
    As far as I can tell, the facts underpinning the situation have not changed. BBP is in discussions with a number of parties about the sale of the whole business or individual parts. An announcement will be made in the coming weeks.

    The price action today has in part been due to the announcement re the mothership and the general market malaise. The fall has been on relatively low volume aided superbly by bots - the $ turnover today would probably not even buy a house in a major capital city and is under 1% of the shares on issue. It doesn't appear to be a mass exodus but it's certainly opened up an opportunity for the brave.
 
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