I'll make no further comment after this post other than to guide you to the Financial Review and go to Page 47.
There has been a fight going on since last year between Lowy Financial Group (who own 7% of BEPPA) and BBI management.
It is a very sobering read and one that does not fill me with any great confidence.
Quote: "The BEPPAs are in a weak position. They need to play a reasonbale game."
I still own 3M BEPPA and I am about to be stitched up. At least I am free carried. That's why I posted yesterday that I would be more than happy to be given 20c worth of "something" now. Cash or BBI shares.
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