I like what you said about DBCT sale propping up SP only to have it fall again after dilution takes hold.
Dargie will prob tell me to do some research but I'll ask anyway ;-)
Once DBCT is sold, why can't BBI propose some sort of "extraordinary resolution vote" allowing SPARCS and BEPPA hodlers to roll over their debt once again. This would cost them interest ofcourse BUT would provide much needed breathing space for BBI and it could use DBCT cash to manage to rest of the business.
My logic tells me that should holders agree to roll over again with additional interest, by the time came to pay them out the economy would be well and truly in a recovery.
Please feel free to belt me for my thoughts, but that is what they are. :-)
BBI Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held