the apr plan, page-31

Nice post Ahor...

And I quite agree with your comment

"...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..."


The dilutionary effect a conversion event would have had would have been irreparably and enormously destructive to shareholder value. With that seemingly removed from the equation, it appears likely that it's only a matter of time before BBI provides shareholders with exceptional capital gains, and more than likely a very handsome dividend to boot.

IMO