campaign against aet&d sale, page-40

Gareth Brown at Intelligent Investor has put out a notice about AET&D sale and beppas.

I am not a member so can only post what limited info is made available which is...

Attention former BBI EPS owners
After almost two years of waiting, a deal to sell remaining assets is likely to result in a small final payment to security holders.
4.0 4.036 Votes
By: Gareth Brown
Reading Time: 3 mins
Attention former BBI EPS owners

Over the past few weeks, former owners of BBI EPS have received some complex paperwork. You might recall that former BBI EPS holders are entitled to any net proceeds in the sale of what?s generally referred to as the Australian Energy Transmission and Distribution (AET&D) assets. This was the ?free option? discussed in Another opportunity in BBI EPS on 2 Nov 09.

Note, you needed to have owned BBI EPS though the late 2009 recapitalisation and its conversion to Prime Infrastructure to receive any such proceeds. Investors who bought Prime Infrastructure during...