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0.00% $3.98 babcock & brown infrastructure group

bam incentive for aetd asset sales, page-6

  1. apples
    4,603 Posts.
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    09/11/09
    13:19
    Post #: 5889124
    hi Towie

    there is a lot of grumbling about the injustice of the deal in the AFR today....

    The BAM deal may have had a chance of getting through six months ago, immediately after the Corus news but it doesn't suit the changing economic outlook.

    These assets will be worth considerably more in even one year's time....why de-risk the business now.

    A refinace makes much more sense!
    BBI Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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