we shall see exactly what values are used in the 31 Dec 08 accounts and whether their auditors are prepared to put their names to it.
If these assets were that easy to sell, then why haven't they sold some already. I mean, this process has been going on since August and they have only made 1 decent asset sale and another smaller one, and just in the nick of time too might I add. And we are not exactly in the healthiest of market environments for selling assets right now.
You have to see the whole picture, good and bad. You can't just blindly ignore the risks and then sl@g everyone who disagrees. I am not going away.
BNB
babcock & brown limited
