BBI 0.00% $3.98 babcock & brown infrastructure group

what a great trick, page-13

  1. 213 Posts.
    A little thing called transaction risk.

    Havent you heard/read all the stuff in the papers re BEPPA, and the potential for preferential access to some assets over corporate debt.

    75% is by no means guaranteed. If they vote their part down, you get nothing.

    The BBI share price is discounted for transaction risk. Simple.

    Would probably have to get to $0.03 before I was tempted.
 
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