I am of the same view, you would convert to BBI and sell on market even if BBI fell 50% from your "issue Price" you would still be getting some risk of the table. So i am of the view that there will be dilution. Beppa obviously better holding, having said that i only have a few BEPPAs and they are just the profit from a MQG trade so am content to let them sit there and it is an all or nothing investment for me
BBI Price at posting:
3.4¢ Sentiment: None Disclosure: Held