I suggest that 4c is the best you will ever see for BBI ords.
Q: What do you think plan B will be if BBI ords vote NO ? A: Simple, pay BBI ords nothing and just do the BEPPA conversion and then redo the vote. If this occurs, then BBI ords will probably get less value than 1c.
Remember the BBI 4c is coming from the BEPPA discount to face value.
If BBI ord holders are going to sacrifice value (even though it is insulting) for principals and vote NO with VA looming then they should not be in the ASX at all. If you want a tax deduction, buy an airline ticket and attend the AGM and get your $$$ worth !
Dis: BEPPA only and still undecided on the BEPPA vote, but will most likely do an on line YES due to uncertainty.
BBI Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held