bam incentive for aetd asset sales, page-7

EMC2 is right in that each $100 mill (net) from AETD sale provides BEPPA holders with ~ 13c in addition to the 43c.

A $100 mill variation however only impacts on BAM's take home pay by $1 mill ie 1% of $100 mill.

Suggest it would be in BAM's best interest to simply wrap a deal up quickly as there is no incentive for BAM to maximise sale value for EPS holders - who unfortunately are (again) taking all the risk with no control over process.

Re Mikes100 - There is no one looking after BEPPA holder interests - otherwise the AETD sale revision would not have been required - it was Bronte's initiative - well done Bronte.

The lack of any detail on governance and the process to maximise AETD return to EPS holders remains a concern as there is still no one looking after our interests.

Implementing the above will not cost anything!

And can be a win for both BAM and BEPPA.

C'mon BBI this is an opportunity to demonstrate you can do something positive for investors - important for your credibility considering the lost shareholder value.

Are you up to the challenge?