bbi eps limited, page-7

This was already pre-announced by BBI when they said the asset sales would result in a further $900m impairment.

But even after the $900m the BEPPAs have a comfortable buffer of $700m on a consolidated basis.

And that is before recognising their structural seniority via their interest in BBI EPS Limited.

You are plainly wrong - and have been for a while now.