"p.s. Billbu, as far as info is concerned I don't think we have any say in anything anymore but not 100% sure on this?
As far as I know the sale will need to be approved through a vote by ex BEPPA holders. So whilst we do not have any control over sale/auction process, we can stop a sale from completing if we are not happy with the return.
This is set out in the recapitalisation documentation (Oct/Nov 2009). I do not have enough time at the moment to check which document/page/para etc.
svdm
Discl: >1 million BEPPA
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