>I am not worried about conversion to BBI securities as long as their are no securities left to dilute me later.
>If conversion happens then I am sure ordinary holders will have been wiped out of existence. The key point is that the "new" BBI holders (old Beppa holders) will own all of the company.
The point you raise is correct. BEPPA holders will become the new owners of BBI.
However, if you were a BBI stapled holder, now - what would you do? You would sell ...
Maybe people view BBI as "options on a fabulous set of asset sales"?
/disc: BEPPA only
BBI Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
