I`m sure the $565m is after corp debt is paid.
To come off of the $565 are Corporate costs, quoted at $95m by Grant Samuel, and any other cost which may include
Selling commision 1-1.5%
BAM 1%
Tax
Stamp Duty
Bank gouging
Forex costs
Unforseen costs
Although some of these costs will be included in the corporate costs.
I estimate that BEPPA holders will be left with $350 -$450m
{45c - 58c}if the deal proceeds.
Disc Beppa options held
