the apr plan, page-10

Lets just have a recap at some of those ann from when BBI were 50c

1. Norges bank becomes substantial holder then increases holding
2.Director's Wife buys
3.Alinta gas network refinanced
4.Deutsche bank increases holdings
5.Management fees reduced
6.Board becomes more independent from BNB
7.Suspend Div to pay down debt(effectively keeping 10c/share within the company)
8.50% sale of Powerco for 25% above book
9. BEPPA holder conversion risk removed.

So 3months ago BBI was at 50c and imo I don't think there is one bit of bad news in there.

For me the biggest risk was a holder conversion which I thought was a remote chance anyway, todays ann was the best news I could have hoped for. Asset sales will come.

No I don't think I'll be letting my holding go under 50c anytime soon. I have done my own research.