BBI needs to conserve cash to pay off its corporate debt pile...

BBI needs to conserve cash to pay off its corporate debt pile and then also to say up money to redeem its BEPPA if it needs to or come up with the money (ie themselves, not from debt) to buy these out and avoid dilution.

It is obvious that if they fail to pay back any of the corporate debt when it falls due that this is going to be a big problem, so yes they have got to sell something sometime, whatever it may be.