sparcs in nz like beppa , page-8

Given that Beppa conversion in 2012 is a significant risk and is probably holding back the sp., how about some creative solutions....

Here is my proposal. No idea if it can be done, but sounds possible to me. How many would take it up I wonder...

Lets say BBI offered to do a swap now of 1.5 BBI shares for each Beppa share. The BBI shares would be new issues. Lets also say the offer is off if the SP gets above 30c.

At the moment it sounds attractive to me at least.