dargie, it seems like that's the biggest question we have left to answer, we've been through the conversion/dilution and many more potential problems which have been solved, but the share price still remains this low. As such, it will be interesting to see the figures in the half yearly results, by my analysis they should have enough cash flow to service the debt until at least 2011, which is where they may have an issue. But that's plenty of time to sell off an asset (or more than one) and to achieve fair value for it instead of being pressued. You seem to have more knowledge about the accounting side of things than me, so your interpretation of the numbers will be greatly appreciated.
Have put all my savings into BBI, some people might call it stupid, but it reflects my confidence in the share price recovering significantly.
- Forums
- ASX - By Stock
- newsletter released
dargie, it seems like that's the biggest question we have left...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)