(bbp) may be sold as a soon as january, page-13

I am on record previously saying I thought it was worth $1 per share and at 15 cents it was a 6:1 punt. My back of the envelope calcs. on BBP were based upon the most recent relevant transaction being BBI's sale of Powerco interest at 9.5 times EBITDA. So on that basis I get 86 cents value. Let's not forget small variations on the EBITDA multiple are amplified due to the large debt levels but I do believe that 9.5 times is now market multiple for these assets ( the only overrider being the outcome of any ETS that the govt. may force upon us changing the value of some of BBP's generating assets, i.e. coal fired assets).

I'm long and hope I'm not wrong!

This is purely my view and the reason I have been investing, suggest you DYOR