orchidc11, you may well be right, but then again you may well be wrong. I have removed some funds off the table because it can go either way, and I the message I get from the announcement today is that if the debt is not dealt with in Feb, then Admin as even if there were asset sales, the funds would not arrive in time.
If you add the announcement about conversion of EPS from the 26/09 (which at the time appeared to be unrelated to anything) to todays announcement, it implies dilution of EPS & SPARCS, then recap.
Dargie, can SPARCS be converted now or must they wait for Nov ?, as this will put a whole different slant on the time line for recap.
BBI Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
