BBI 0.00% $3.98 babcock & brown infrastructure group

dud? updated price expectations please, page-4

  1. 14,882 Posts.
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    A dud indeed. I posted that BAM will not care about the share price. They control all the assets now and have call options over them. It is probably in their best interests to see this new company flop as well (in terms of share price performance). I stand by my opinion that ultimately BAM will end up with all the assets and they will end up in BAM portfolios around the globe.
    They stiffed all holders, they stiffed management and they stiffed the overseas instos that got sucked into the underwriting. They are very good at what they do. Those that pitched in for the SPP have also been stiffed a second time.
    Each to his own but why would anyone would want to hang around this stock whilst other stocks are flying?
 
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