That's why the existence of the RBS proposal is so valuable.As...

That's why the existence of the RBS proposal is so valuable.

As part of the offer they are introducing a new corporate debt facility worth $350 million. If they did not have plans in place for next month's asset level debt and the banks called administration, that would be one of the biggest jokes in corporate history, it's just not going to happen.

Therefore, the original investor no longer has any power. He threatens to walk away, fine, we'll take the RBS offer thank you very much. He needs to provide a superior solution that provides value to BBI and BEPPA holders.

The only hurdle now are the directors, it looks like they're still favouring the BAM deal and most of us have lost all confidence in them.

This is preventing me buying back in.

However, if the RBS opportunity goes ahead, there is once again plenty of money to be made, in my opinion.