As I said, BAM stiffed everyone including the overseas fund managers. It just gets cheaper every day. Trouble is, there are still better infrastructure plays without having bad management in charge. I feel sorry for the ordinary shareholders who not only got shafted with a piddly 4c offer to approve the BAM sham but they were then given the opportunity to trump up another $15000 for good measure. That $15000 is now worth <$12000. Nice one BAM.
BBI Price at posting:
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