ex beppa holders, page-24

Sorry to restart an old thread but has anyone seen the article in todays AFR.

"DUET hovers as Prime rushes to sell"

"The release of information on the AET&D assets is potentially good news for BBI's old convertible note holders, which essentially struck a deal with BBI recap partner Brookfield that will see them cream off any value after the corporate debt of $500m has been repaid, along with all sales costs."

Does anyone have an opinion as to what this may mean for holders of the Options?

http://www.afr.com/p/opinion/duet_hovers_as_prime_rushes_to_sell_Uvw055hbhOiWqOoHJ7dc0N