beppa conversion asap

is there one beppa holder out there who would not prefer or demand redemption now if they could.???

this can be achieved by

1. asic withdrawing licencing permits of the sre controlling beppas ( as in aep / ocp / allco)

2. exit of sre from the babcock & brown group.

3. the directors of the sre calling a vote of the beppa holders asking them if they wish to wait till 2012 for redemption.

FACT :: the beppa price of 16 cents is stating that there is a 6 chances out of 7 that bbi will not be alive in 2012.

will the controllers of bbi be asking the larger beppa holders to nominate people to be voted on as directors by the beppa holders.( fully independant of any bbi or babcock and brown association of course).

or no doubt hot copper followers could nominate directors.

could i suggest melua, dargie and banksa, but dargie would go probably go crook as he would get only 33% of the $2 million per year courtesy of bbi/sparcs shareholders.


beppa only