BBI babcock & brown infrastructure group

what a great trick, page-5

  1. 1,204 Posts.
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    Joewolf

    we have already been shafted. I dont beleive anything they say
    i would be happy to risk whats left of this dog.
    call their bluff and at least we will have the last say and see if there is any value left.

    The market cap for BBI is at the monment is around 100m

    all BAM has to do is to throw in an another 100m to 120m on top of the rip off price of 1.2B and at least we end up with 8 to 10c which was close to last months trading price.
    thats only 20% more than the offer
    The only way we can do this is to tell them all to get stuffed and not sell
 
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