sale of alinta , page-4

If they can sell Alinta at 2.5b then the debt will simply be =3.2-2.5=0.7b

BBP will more than survive with such scenario as the net tangible Assets will be positive as the intangibles will be gone. BBP currently has 2.15b of assets including Alinta Assets. I am not sure how much of tangible assets belong to Alinta. If we subtract that amount from 2.15b we still will have 1.5 ( my guess Alinta probably has .65b of asset) of assets.

So the gearing ration will be .7/1.5=46%.

These calculations can be amended if someone can tell me how much of tangible assets Alinta has.

This is only my view. Please DYOR.