no one trusts or believes you peter, page-15

Johnny, the question you're asking is why would a company be sold-off when its share price is so low, when it has so much cash, nd no debt? The answer: because it's a really good buy!! Six years ago, someone tried it on when there was almost no cash in the bank and with a controlling interest of only 5% of shares. He failed to get elected to the board to carry out his evil plan because the substantial SHs (not you or me) wouldn't accept.

Six years later times have changed. For one there are almost certainly some serious buyers wiating in the wings. Second, you might have noticed, the ASX is awash with blood and people are running for cover. Big mortgages, big credit card debts, insecure jobs - and it's going to get worse. A "friendly" buy-out at say $2 a share might look all right to enough shareholding funds, banks now. Two bucks a share Johnny - quite a decent gain for many if you have been shedding blood like some funds have been (might be worth a 'google' Johnny). But maybe i'm just cynical - the share price really is just pure managerial incompetence in which case - i'm sure your common sense argument will carry the day, Johnny...and SHs will sit tight knowing Bta is worth much, much more - right Johnny?