Ann: Revisions to AET and D Option Structure , page-7

As I understand it, the AETD assets are not available for offers until the AETD partners Duet and Singapore Power have had their pre-emptive rights choice on the matter. Last I read about it around 3-4 weeks ago was Duet was looking at a 300m+ cap raising to finance a purchase. I have not followed up on any further news.

I doubt these assets will be sold at fire sale prices as they are either breaking even or have a small cash surplus each year.

The real value available and the resulting Beppa value will be shown by the market price over the next few days.

I hope it goes up, not down.

:) we will see

It would be nice to know what BAM think of the skull-duggery of the BBIG PIG clowns in trying to cover up the BBI-EPS PTY LTD holders claims on these assets. BAM are trying to stay out of court I reckon. Well done Bronte, Lowy must be wondering why they pay their legal counsel if it were Lowy selling last week. We will see whose counsel works best hey.

ifandwhen


Holding Beppas