The Dec 08 half financials are on asx but these should be read carefully and take into account Spanish wind farm sale which did not settle till Jan 09. In summary Rev 180M NOCF 80M Cash on Hand 368M Total Assets 6.1B Total Debt 5.6B Divs this year are 9 cents Major on market share buyback in progress (30%) which can absorb BNBs 10% holding if needed.
Best and most secure of the BNB sattelites in my opinion. Name change should be coming up soon also.
BBW Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
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