Enumerate - I dont see how you can think you will see a $1 in 2012. Current SP for BEPPA is 19.5cents, assuming you bought in at this price or lower you are expectin BAM to hand you over 400% return in just over 2 years. In some cases people would earn over 1000% return.
Now I dont know what BAM expect to make out of this deal but say they want to make a 2 or 300% return (which IMO would be huge) why would they then ensure BEPPA holders get a better return than they do?
These companies and funds are not there to make you or I money. They are greedy and will screw every cents they can. Dont forget that they to have owners and/or shareholders who require a return (that must also be high enough to compensate for the risk)
BBI Price at posting:
5.3¢ Sentiment: None Disclosure: Not Held
