BBI 0.00% $3.98 babcock & brown infrastructure group

what do you think will happen with bbi, page-27

  1. 4,669 Posts.
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    Dargie wrote "mike, that is not what the BNB anncmt says. They will keep BNB going for as long as it takes to get its money back. Anyone who thinks the banks are going to wave goodbye to their mgmt fees from the satellites that easily really needs to have another think about it."


    "I would pretty sure that there will be no easy escape route for any satellites. Life just isn't that easy".

    HAve to agree 100%.

    IMHO we are kidding ourselves and wearing rose coloured glasses to think otherwise, with all due respect. No doubt BBI management have a view on this given they are privy to the entire contents of the management agreement, but for the moment its business as usual for BBI shareholders
 
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