A big (MASSIVE) difference between the 2 circumstances is the BEPPA distributions were cumulative...
The PXU/SRS situation would have been sorted by now if PXU distributions were cumulative and appearing as debt paybale by BPI.
In my opinion the report impacted negatively on both BIP and BEPPA and was designed to land windfall profits to Brookfield (BIP) ...which it did.
After agitation the AET&D assets ultimately belonged to BEPPAs and were extracted from BIP. Good news is there may still be some extra $$ due to BEPPs end of 2017.
PXU only
SRS Price at posting:
2.5¢ Sentiment: Hold Disclosure: Not Held
