re. why the 80 per cent discount?, page-2

Good post waimo, I think that's what's going on. Everyone wants BBP to survive so BBIG has taken cut, banks would be happy as debt is reduced. The biggest hurdle is NWSV negotiations as that will decide if Alinta is a sustainable business. That is the reason they are also negotiating with customers so that some of the cost can be passed on.

The risk/award we have taken amounts to get 3 times or lose everything ( I am assuming most of the punters have paid around 7 cents)