BCS 0.00% 40.0¢ brisconnections unit trusts

leighton buys out asi stake for 4.5m, page-41

  1. 955 Posts.
    hergerr in buying those units he took upon the liability that the previous share holders were obliged to fulfill. What's good for the goose is good for the gander. I'll I'm saying is a shareholder can transfer shares to someone else, sell them. He's not transfering a liability directly, only shares. It happens everyday in the stockmarket. There's no requirement in this market to ensure that the buyer of your shares can fulfill all obligations attached to them.
 
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