he's done a deal with Macquarie for sure, I'd say.
Macquarie has asked him to vote against all seven resolutions and in return Macquarie will give him something
Probably 5c a share as streetwise suggests
nice little earner
$3.8million
Interestingly he offered his shares to BCS before the meeting.
Perhaps AIS wanted to get a higher price than Macquarie was offering
so much for being a champion for a small holder, hey?
that is what he was supposed be doing wasn't he? lol what a joke. Looks like he stiffed them good and proper. v v v
BrisConnections chairman, Trevor Rowe, told an angry meeting of unit holders that Mr Bolton's company, Australian Style Investments, had voted against all seven resolutions when its proxies were received on Saturday.
Mr Rowe also told the meeting that he had "heard rumours" of a deal between Australian Style and either Macquarie Group of Leighton Holdings, before the meeting.
Mr Rowe also told the meeting that he had a conversation with "a representative of Australian Style" at which Brisconnections was offered the opportunity to buy its stake in the company.
"It was an offer we declined," Mr Rowe said.
BCS Price at posting:
0.0¢ Sentiment: None Disclosure: Held