tomorrows open, page-15

My opinion is that BBI/BEPPA will essentially trade in tandem until BBI are safe from administration. Then, the BEPPA price will put a substantial gap on BBI, but not before the risk of administration is gone.
I hold lots of BEPPA and a few BBI. My plan is to convert the BBI into BEPPA and then at the appropriate time, convert all the BEPPA back to BBI as long term, BBI has more upside.

ONLY WHEN BBI IS SAFE FROM ADMINISTRATION...ie. corporate debt is nil or close to nil.