what do beppa holders think beppa is worth, page-9

I guess it all depends on the situation. The BBI landscape is about to dramatically alter, so will reassess when the offer is on the table.

I was quite happy to hold until 2012, and will have a nasty tax problem if anything crystalises in the near future.

If it is an optional conversion, then just about nothing will convince me to convert. For every BEPPA holder that converts, the remaining BEPPA holders are better off/more secure.

If it is a forced conversion (by a vote of other holders), then I will take what I have to, and probably sell the resulting BBI in fairly short order. Nothing guarantees that this will be the last dilutionary event.

As I am not wanting to be a long term BBI holder, it isn't a ratio for me, it is a cash equivalent amount. Would be surprised if anything under 30c worked. Would expect anything over 45c to get up.

Hold plenty of BEPPA