What's the likelihood of it going as high as 40c in your opinion?
If I am not mistaken I recall the management of BBP stating that their respective share price would have to reach at least $1.50 per share before they would pay BNB any management fees re: performance fees, and they cited a three year period (by 2012) for the share price to reach such a figure.
That seems to be the very definition of wishful thinking. It seems BBP will never get anywhere near that figure in the time it remains listed on the ASX. In fact it's hard to see it going anywhere near 50c, but I guess we can always hope no matter how unrealistic it might seem.
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