bookmakers odds for the gamblers, page-11

in training pete,

If you would like some detail from the formguide;

"403% gearing

The group is highly geared, interest cover is marginal and free cashflow is tight.

Distributions on the stapled securities and dividends on the preference shares have been suspended until further notice.

BBI has begun selling part-interests in assets to reduce debt but

there is uncertainty about the timing and adequacy of proceeds from future asset sales."


So Pete, just sharing info and realistic odds. How much would someone place on a $23 to 1 horse..... that's what you are punting on here