The banks will run BNB as a husk, selling down assets at the appropriate time, administration means the satellites can escape the management fees forever, this will limit the cash flow for the banks. BNB will not go into admin. If by chance I am wrong, BBI will soar.
Convert from Beppa to BBI now, this is an unbelievable trade at present IMO. I'll bet Malua is doing it, has done it, will do it at these levels.