Melua do you still think that 19c is easily passed long term if dbct is sold for a good price and it occurs that PD Ports loses the revenue. Bear in mind also that plans are being made for the construction of another port facility near dalrymple bay... see thread earlier today.
In regards to PD, the companies can very well pull out there and the compensation will only filter through in years to come. Add to this that westnet rail really may not receive any funding at all, and that leaves ngpl. Then just before xmas 09 the rest of the sparcs holders clean up at the expense of bbi ord holders. The extra few million required by bbi to settle its euroports issue would eat the remaining profit of the dbct sale.
This leaves bbi with its short term debt cleared. Just. Whats left for these long term holders?
Would the market even care still?
Add to My Watchlist
What is My Watchlist?