bolton wins, page-11

"this saga is so fabulously interesting and hilarious.... everyday it gets better..."

No, it is an utter disgrace. My hope is that BCS does not get wound up, as this would make a complete mess out of what has until now been a considerable mess. What would help holders considerably would be a judgement on the liability of unitholders. The warning in the prospectus was woefully inadequate. The asx listing was a joke, the warnings given by some online brokers are worthy of some regulatory scrutiny, and contrary to a few journos suggesting that bcsca are the same as tls instalment receipts, no, they aren't a bit like them.

The unitholders in the BCS mess have suffered a great deal, ultimately because or regulatory incompetence, and that is what angers me most. Mac and Deutsche should be left with this one. Ideally, the suckers who bought this should get compensated, but I dont think this a possibility.

Anyway, I will never use the toxic toll way on principle. It is the least I can do in deference to the unit holders.

All imo, of course.