rather lose the lot than sell at 6c, page-3

"On the other hand, not too many of the beaten-down stocks this year have had such a happy outcome, so far."

True, let's hope BBI is the exception to what's been happening.

AFG: a deal maker. No substance in some of the assets. Sure the aircrafts and ships were valuable but debt to equity ratio far worse than BBI.

CNP: Savagely over-geared commercial property...deadly.

MFS: A complete shonk of an outfit trying to be a Macquarie.
Began its life as an offshoot of a less than reputable law firm on the Gold Coast.

I'm sure BBI has better quality assets, less gearing and now a much more transparent Board of Directors.
As I said, ONE more asset sale and corporate debt is ZERO.