beppa restructure??, page-46

Dargie said:
"If the company had the money to buy back the BEPPA at a discount, THEN THEY WOULDN'T BE TRADING AT A DISCOUNT IN THE FIRST PLACE. Sometimes I really wonder."

The original proposal was that DBCT would be sold THEN there would be a BEPPA restructure.

My counter was that IF DBCT was sold, THEN BEPPA restructure does not make sense because BBI could buy back BEPPA debt much cheaper than any restructure plan that would satisfy all BEPPA holders.