dreads
why would BBI go to zero. Are you assuming it will stop trading?
Think about this for a minute.
Assets value = $13B
Debt value = $10B
If it folds, and I hope it does, the $3B dollars surplus will be distributed to us. Hence this equates to $1 per share. As you can see, 96c profit per share assuming you bought at 4c.
How's that for value?
10c a distant memory by year end, page-6
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