BBI 0.00% $3.98 babcock & brown infrastructure group

VoR,"Even if there was only a 1 in 10 chance that the deal didnt...

  1. 1,257 Posts.
    VoR,
    "Even if there was only a 1 in 10 chance that the deal didnt get over the line, is it worth the risk?"

    That will depend on the sp at the moment of your decision. with the sp on 3.6c probably not.

    With the sp on 1c...hmmm...probably the market would be factoring a different chance that 1 in 10, but getting $4 for each $1 sounds tempting.

    What about if it drops under 1c...sounds more juicy?

    It is pure gamble. IMO BBI should have been suspended to avoid this kind of speculation around the voting. But ASX and ASIC are not acting responsibly by allowing this share to trade and most definitively, directors/management are not representing shareholders interests whatsoever.
 
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