speeding ticket, page-6

A ticket might actually be a good thing.

It will give the company the opportunity to reinforce everything it has said recently:

1. BBP has a valuable portfolio of electricity assets which are projected to grow in free cash flow and earnings over time (ASX 21/9)

2. The sale process is underway. BBP has received a number of submissions for the acquisition of its business. (ASX 22/12)

3. Successful sale of Kwinana and Neerabup expected to be completed by calendar year end (tomorrow). Revised 2009F EBITDA of $330-340m. (ASX 9/12)

4. BBP will disclose further information to the market at the appropriate time (ASX 22/12)

5. BBP is in compliance with listing rule 3.1 (well, we hope so)

... etc, etc.

At the AGM, when the SP was around what it currently is today, the directors themselves were at a loss to explain why the company was being valued so low.

There's no harm in reminding everyone that the process is well and truly underway and that we should expect to hear something in the coming weeks.