BCS 0.00% 40.0¢ brisconnections unit trusts

holders are not liable to pay until april 21, page-12

  1. 13,561 Posts.
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    the only people who want this go ahead are the queensland government and the management team of BCS

    Macquarie has to appear to want this to go ahead but in reality they don't.

    I assume it will be secret ballot

    Macquarie will throw their lot in with Nicholas Bolton and Deutche Bank.



    Why has BrisConnections not acknowledged that
    the many unitholders want to exit their
    investment but are unable to trade their securities
    on�]market?
    "BrisConnections, as with any other listed entity, can give no assurance that there will always be
    a market to enable unitholders to sell their securities whether at a nominated price or otherwise.
    It is important to emphasise that the passage of a resolution to wind up the Trusts will not in
    itself relieve unitholders from the requirement to pay instalments outstanding on the units."

    http://www.brisconnections.com.au/Portals/0/docs/708980.pdf
 
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