"...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
BBI Price at posting:
9.5¢ Sentiment: None Disclosure: Held