market cap and nav, page-106

Dargie,

Here's the thing that keeps confusing people about your posting,

I think.

'If DBCT did not sell, would need to come up with $1-1.5B to acheive a rescue, but I think a 49% sale of DBCT is more the go and $1B raising with a prefs restructure alongside.'


You go from $1.5 Billion to achieve rescue.

Which half sale of DBCT would probably achieve.

Too needing $2.5 Billion.

Half sale plus a $1 Billion.

Which is it?