Ann: Euroports - Co-investors take 29.7% interest, page-11

re: Ann: Euroports - Co-investors take 29.7% ... "If they can get the corporate facility under control and all other short term commitments squared away, then they can get on and use the operating cashflows from the assets to start to repair their balance sheet."

I will sum up what Dargie is saying minus the waffle designed to try and sound smart - pay interest, then pay down debt.

I have to agree but I dont think there are any newsflashes there. That is precisely what BBI are doing. What effect will this have? As dargie alludes to... freeing up cash. What can be done with this? pay dividends or reduce debt. Either way good for investors.