samizadat01you said "In your opinion,If the above is indeed...

samizadat01

you said "In your opinion,If the above is indeed correct, and goes according to plan,does this leave BBI with the opportunity of fy 2010 a dividend might be reinstated ?"


Yes BBI will have the available cash to do it 2009/10. all the broking ABN Comsec etc have factored in DIV of 10c for 2009/2010 in their research

.....though i think maybe a lower div say 3-6 c and more cautious approach than past divs.

Mgt may also want to win back instituional support to their share base as well as shareholders in general. If they did any capital raising which is not out of the question say 9 months down the track insto's would want to see income streams.

Caution: i have not seen any BBI mgt recommedations on the 2009/10 Divs at this stage. As per their previous ANN Div are temporarily suspended. not permantly.

as alway DYOR.

cheers
JD