"That will depend on the sp at the moment of your decision. with the sp on 3.6c probably not."
Yes, hence my comment earlier that it would probably have to get to $0.03 before I was tempted.
Pathetictrader,
For the Ex-Alinta assets, YES, BEPPA is right at the top of the queue, ABOVE the corporate debt. This is why all the recent articles regarding BEPPA investors seeking more information. They are trying to determine whether there WILL be a better return from VA...
And, in the simple form you put it that BEPPA are creditors wanting their money back (like the banks), how happy do you think they are that shareholders are getting $100m.
Banks dont care, because they are getting repaid in full. Beppa are getting 43c in the dollar.
BBI Price at posting:
3.7¢ Sentiment: Sell Disclosure: Not Held
