market cap and nav, page-41

10 quarters is 2.5years. even if we say 1year has basically been, it leaves another 1.5years. And interest is piddly, on maturity its about 20c which should be 1BBI or less.

Also there is a difference in deed with voluntary suspension of dividend and mandatory defered dividend.

In any event i wouldnt be concerned, 1.5years is plenty of time to pay arears if required in script or cash.

Personally i dont think BBI will stop with selling just dbct, if they wait for better conditions and sell part of NGPL or PD Ports they will have zero corporate debt and cash in bank from freecashflows.

thanks for your post, i will have another look through the deed and see what clauses BBI can use to there benefit.