abn amro analyst view, page-6

thanks Melua - seems BBI will always be between a rock and a hard place - they sell assets, the cash gets swiped - they don't sell assets, BBI gets swiped..... they need a cash buffer don't they? but where would that come from unless someone took them out, but then the debt burden for any buyer would be staggering..... a massive turnaround in general market sentiment would help but that's not on the horizon either at this time..... more of the same then?...