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0.00% 9.5¢ babcock & brown power

thanks luckydog....i say they HAVE received offers for the...

  1. nickleesonnumber2
    738 Posts.
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    22/05/09
    09:12
    Post #: 5192716
    thanks luckydog....

    i say they HAVE received offers for the company, but these were low ball (20-30c, or 140-210 million nta)

    the key issues are trust...they ARE making money, ebitda of 405-415 is great, and should improve next financial year

    the banks would be shooting themselves in the foot - they already pay circa 9% interest margin on their loan...we just need one half of the portfolio to be sold for a decent price

    the majority of their portfolio are GAS fired stations, the energy of the future
    BBP Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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