excite - sounds like you are a master of the handheld calculator to me ;-)
Casper - I personally don't think BBG is worth over 60c ATM. There is a lot of risk in this stock - that is why my sentiment was sell. However I will not fool myself that this is easy to value. I think it is a matter of setting odds of success or failure and taking a rough risk weighted approach. The gearing seems much more healthy now - that is for sure - so cannot be too negative.
I shorted some after watching the action - will see how it goes - will give it a bit of room to bounce around.
BBG Price at posting:
60.7¢ Sentiment: ST Sell Disclosure: Held