new treatment for beppa may get it approved

BBI's announcment that they'll essentially provide additional upside for BEPPA holders relating to the AET&D assets looks like a fairer arrangement than what was proposed previously. Wonder what the back room machinations over this were.

Market has reacted favourably and tacked on 3.5 cents.

In any case, you'd expect it'll assist getting the BEPPA holders to vote 'yes' to the recapitalisation. I'm more inclined that way for my own holdings.