bbi eps limited, page-6

" These assets are worth 70 cents in the dollar to BEPPAs and probably more if we think their write downs in June were over the top"

I wish you the best of luck. You are going to need it. There has been a suggestion in the AFR that $7 billion worth of assets are being sold at a further 13% impairment to book value. That means equity is worthless. Once dilution form the cap raising kicks in, BEPPA might be lucky to see 30c worth of value and that would take a lot of luck. The insiders buying BEPPA were suggesting anything up to 20c was value. Beyond that I did not witness aggressive buying.