what a great trick, page-21

No comments mate, you've just rephrased my thoughts.

- BBI directors/management not acting on shareholders interests.

- BEPPA and BBI in clear opposite directions with totally differnt interests.

- 100m offered to BBI for voting is equivalent to 11c per BEPPA which would send BEPPA to 54c (not the big difference).

- In VA probably BEPPA could realise some value given the interest DUET has over EPS assets.

- In VA BBI would get apparently nothing.

- Risk lays on BEPPA voting power at the moment. BBI over and done once the 4c support level was broken.

- BAM the big winner keeping A quality assets at discounted price.

- Risk Reward in place again for BBI. The lower the share will go the bigger the Risk of no deal and the bigger the reward given the difference.

Is not about getting the bird in your hand, is about securing BEPPA voting "OINK".