BBI's priority is to sell assets so the company can reduce their debt to avoid going into administration. They are not about to reinstate dividends. Dividends wont be reinstated for at least another 12 to 18 months. Given that their income will reduce as a result of asset sales, the final dividend payment (when/if reinstated) will be significantly reduced from the previous dividend payments.
No-one should be investing in BBI atm if your goal is to receive a future dividend payment.
BBI Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
