"Not only that, the CFO ( Sellar) categorically stated at a RBS Morgans Ltd presentation recently that BBI could actually pay back the corporate debt from free cash flows in about five years if asset sales did not bring sufficient prices.
RBS Morgans staff will be subpoenaed."
Melua, isnt this information that is likely to pursuade you to HOLD or BUY? How does this tie in with your comments that you are pursuing legal action against BBI Board for your losses?
Also, out of curiosity, what is your approach? Are you going down the 'failure of directors duties re disclosure', or 'failure to comply with listing rules' route.
Cheers
BBI Price at posting:
3.7¢ Sentiment: Sell Disclosure: Not Held
