"but things go for the better and if not.... we find ways of fixing it. Just like a family, when things are really bad, we sit, we talk, and try and sort out the problem."
They have had a year to sort themselves out. BBP has not used its time effectively and their window of oportunity is rapidly closing. In fact they have had more write downs and downward revisions on earnings. Even when they first hit trouble, their was a fine line between +ve and -ve equity. How much equity is now left even assuming that sales are not at distressed prices (I haven't kept abreast since I sold out so I'm genuinely interested if someone has donw the calcs)?
If they cant sell the whole company, banks will either call in the undertakers or bleed them slowly. No joy for holders that I can see. And traders are playing Rssian Roulette.
Dis: Sold out at 8-9 cents
DYOR
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