Just to introduce a different tangent to this thread ...
The main reason I am not a BBI/BEPPA holder is because I have no "feeling" for the quality of BBI following the cancellation of BNB management contracts.
We know BNB managers can do deals. If fact we are really hoping that these managers can do deals when the markets are difficult. If these people have the skills - they are worth the money that we will pay them.
BNB has stated a new direction as an infrastructure management company. They have skilled staff who did this task for BBI, BBP, etc.
What are BBI, BBP going to do ... they have to build these teams, from scratch. At this stage the quality of these teams are unknown. This is one of the reasons I do not hold BBI/BEPPA.
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