I'm not sure about what you should do; IMO BBI is not presenting any “reward” whatsoever given the risk they’re facing. I used to believe BBI would be 25-30c before the end of 2009 after finding a good deal with 49% - 100% DBCT sale. That was “my” only hope and the reason to believe that price was achievable. With no bad intentions whatsoever, I’d like to understand what are the reasons you have to see some value on BBI ords? I can see some value in BEPPA given the asset quality, but where is BBI value now? Honestly, I’m interested in your point of view.
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