good volume today, page-10

It's interesting that BBI at 2.5c in November did not have the fundamental problems it has today at 3 times the price.
It's a MUCH greater risk today then back then.
No Euroports problems, no PD Ports problems, no WestNet Rail problems. What a difference six months makes.
The biggest worry in my opinion is whether the Euroports deal closes by June 30. Does anyone agree?
If it doesn't, then BBI have not got the money to cover the exercise of the put option by the minority interests and they will also be short the 30M Euro deposit that needs to be refunded. BBI then have to negotiate with those parties for an "extension" again. You all see why a 100% sale of DBCT at $2.6Bn+ is critical? A sale at less than that doesn't really solve their problems. They need at least $800M paid off that corporate debt, probably more and will the banks allow them to pay out the Euroports minority interests before corporate debt? All big questions.
This is why we must see "conditions precedent" for the Euroports sale met by June 30.