BBI babcock & brown infrastructure group

In summary, the assets are performing very well all things...

  1. 14,880 Posts.
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    In summary, the assets are performing very well all things considering BUT..... the banks are killing BBI with increased interest charges that is using up most of their free cash flow. The free cash flow in the last six months is almost negligible. They have over $10Bn dollars worth of solid assets producing virtually no free cash thanks to the greedy banks.

    I think the penny is starting to drop that yesterday's enormous run was just madness and totally unjustified.
 
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