cbrendan (or whoever).
You need to accept that we are indeed having a credit crunch and the banks that are lending to BBI are indeed having their own credit crunch.
Without having to state the really really obvious, some of these banks need their money back, and doubly so when a company has used its overdraft facility to pay our bonuses and dividends and management fees.
SOME OF THE BANKS IN THE CORPORATE FACILITY WANT THEIR MONEY BACK and BBI does not currently have anywhere near enough money to give them. WAKE UP. If you don't think that is a significant risk, then good luck with your investing.
Please post and say that is not a significant risk, so we can be clear where you stand.
Also, please publish the post where I told people not to buy the shares at 3 cents, or step up and apologise. The 'make it up as we go' posts are becoming somewhat tedious.
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