chim chimney chim chimney....., page-11

well a lot depends on whether they sell 49% or 100% of DBCT and also what price they get for it.

I suspect the company only wants to sell 49%, but I am pretty sure the buyers will want 100%. Whether BBI can extract a premium for control by selling 100%, well that remains to be seen.

If they do 100% and get a good price, then I think they would go most of the way to wiping the corporate debts and BBI Networks bonds, leaving a portion of this debt and the SPARCS bonds to go.

I think selling European assets is going to be hard and I do not think the prices will be all that flash. Hopefully they are smart enough to work that out and sell 100% of DBCT.

I do wonder if they sell 100% of DBCT (assuming a decent price) as to whether they may stop and pause the major asset sales process and see how they go for a while.