is anyone surprised

I have been reading the posts on hc over the last 2 years on BBP and am amazed at how this stock was once trading at upwards of 2dollars to now 4.8 cents.

Amazing the loss of value on the shares, but has the value of the business decreased by 95%??

There will be a debt review in June 09 on the bbpf facility sunject to icr and gearing levels...it looks like bbp will be unable to achieve this in present form.

BUT, it still holds bloody valuable assets...

I think that BBP has recieved offers for the company, and is just waiting for the final nail in the coffin for management agreements to end before the bids can be made public. Hopefully talks with the banks holding the debt will be out of the way now.

I have a small shareholding...if it pays off it will make me heaps..cheers to all holders