Have read posters comparing BBI with BNB and BEPPA/SPARC with BNBG, not sure if the following has ever been mentioned. One of the reasons, as far as I see it, for BNB management to put up that ridiculous/infamous proposal for BNBG holders back in January (0.1C in a dollar?) was they believed BNB international (the operate entity ) would continue operating as per ‘normal’ (not sure if this is still the case though). I guess the difference here is that BB infrastructure to be the owner of a number of key assets, fail on any deals of recapitalization will result in all the assets in the hands of administrators. On that basis, I certainly hope the management of BB infrastructure will come up with something more realistic for the BEPPA/SPARC holders.
BBI Price at posting:
4.3¢ Sentiment: None Disclosure: Held