pwu, BBP was doing fine pre Alinta so I don't think there is any operational issues with BBP without Alinta.
I was just browsing through FY09 report & looks like goodwill associated with Alinta is 1b with hardly any assets except 11.8% interest in Goldfields Gas Pipeline. So I would say if BBP has to sell Alinta then sale price does matter for BBP loan stability and gearing.
My feeling is that they will sort something out as the sale of Alinta will not be easy in current conditions unless WA govt steps in to defend 600,000 users.
Please DYOR.
BBP Price at posting:
7.6¢ Sentiment: None Disclosure: Held
