i mentioned awhile back that i thought someone like QIC might be willing to buy 49% direct holding in DBCT, followed by an indirect holding via share placement of BBI.
or even a convertible bond. give bbi $300mil now to deal with short term debt. the bonds are either repayed or convert into either DBCT stake or BBI shares.
there are endless possibilities, lets hope the new investor gets a nice return and leaves enough for us. i think we should be fine now.
cheers
BBI Price at posting:
7.8¢ Sentiment: LT Sell Disclosure: Held