BBI 0.00% $3.98 babcock & brown infrastructure group

Someone in the market knew about the 4c capital repayment before...

  1. 14,880 Posts.
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    Someone in the market knew about the 4c capital repayment before it was announced. As some of us calculated, BBI would be worth about $0.001c after BAM murdered them but for some reason the shares remained just above that 4c area. Funny that.
    The SPP is another poison pill. Does anyone really want to throw another $15,000 at this mob with BAM in total control? Nice of Kendrew to negotiate his 91% salary increase the other day.
 
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Currently unlisted public company.

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