BBI 0.00% $3.98 babcock & brown infrastructure group

time to swap boys, page-34

  1. 14,880 Posts.
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    I just bought some more BEPPA. There is no way I am selling BEPPA at these prices to buy BBI. As BBI get to the price I paid for BEPPA, I will then sell BBI to cover the costs at parity. For example, I bought BEPPA today at 8.4c. I will sell the same amount of BBI at 8.5c/8.6c to cover the purchase plus brokerage.

    If it all turns ugly, both are worthless.

    However, if DBCT sale clears corporate debt, watch the BBI/BEPPA gap widen considerably.
 
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Currently unlisted public company.

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