bbi eps (beppa), page-18

and if beppa holders refuse to appoint any babcock and brown associates or mates as directors (+ $2million per year ( of bbi shareholders money & those intrepid kiwi sparcs holders after they are volunteered to convert to bbi) - not beppa money) , the entity disappears and /or asic refuses registration licences.

hence redemption pronto at 100 cents in the dollar + deferred interest as cash.

academic though

look up precedent of ocp prev aep (the babcock & brown cousins - allco mates), asic refused the entity licences to operate in that case, and ocp did not even have to go through the sacking procedures.

dead simple

beppa only