bbi cap raise? - afr, page-104

dargie....knew it wouldn't be long before you chirped in and misunderstood the meaning of what I said...(you are a true contrarian)...I did not mean that it was a good thing to sell PD at reduced price...its just inevitable that we won't be getting any prize winning offers, and given the sentiment that the GFC is going to continue longer than most expected and the recovery is likely to be a long "U" SHAPED RECOVERY and not a "V" as some had hoped and theorised...we will probably see a sustained decrease in the performance of PD before things get better, so yes in my opinion it will be better to get rid of it and the debt before it may not even pay the interest cover. You'd have to be an idiot to think that what is happenning to BBI assetts is a good thing, and I'm not, but we must accept the status quo and do what we can while we can.