will it be a yes or no vote on monday?, page-17

Dargie,

Both BBI and BEPPA are losing from the deal which has been brought on from incompetent management.

I don't have any BBI but encourage those who do to vote no for pay increases and however they think best for the rest.

BEPPAs were always the far safer bet as they ranked ahead of BBI if ever things got screwed up as they have.

According to the "rules" BEPPAs should be paid out 100% before any $ go to BBI. So in effect $100 mill (~14c/EPS) of what should have been paid to BEPPA has been 'given' to BBI to get the vote through.

So in effect BBI got a sweetener.

BEPPAs IMO have not received a sweetener as the AETD assets were always ours and were finally recognised in the offer thanks to Bronte's fighting qualities.

Note: BEPPA only getting 37c/$ as the 6c dividend is a deferred payment ie already ours.

hold BEPPAS only