my guess is if the babcock & brown boyos and mates can get the banks to agree to rollover terms, and a proposal progress, that selective special special deals will be offered to selective large beppa holders re access to large licks of real cheap bbi & sub underwriting goodies etc etc., ( no way of course is this to be seen as payment for their voting for the proposal) and the ordinary beppa holders will be effectively stiffed.
expect asic & asx will be blind & death & toothless when & if this occurs.
holding est. 5% of previous beppa holding, nil bbi/sparcs
BBI Price at posting:
4.3¢ Sentiment: LT Sell Disclosure: Held
