Move on.
The BEPPA holders deserved better treatment than the equity holders given their different structuring.
Frankly the 43c is a poorer outcome for a pref shareholder than the wipeout was for the equity holders. The equity holders invested with full risk into a smoke and mirrors company. Fwiw more most BEPPA holders were in BBI unwillingly as part of the Alinta takeover, not that means that a different outcome should have resulted
Why is whenever a stock or outcome in the market moves against someone there are allegations of insider trading / manipulation / down ramping etc.
People made bad, or unluckly decisions on BBI or exiting the BEPPAs early, nothing more. caveat emporeor.
Move on.The BEPPA holders deserved better treatment than the...
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