bcsca will disappear on Wednesday, 15 April 2009 to be replaced...

bcsca will disappear on Wednesday, 15 April 2009 to be replaced with BCSCB, I think(?)
investors will get the 5c on payment of the $1 instalment

that's interesting isn't it?

the divi was cancelled and seems to have been reinstated after receiving the second instalment

wonder what BCSCB will trade at .... $1?

what do you make of it???? was it like that before?


according to the asx announcement.....

The Trusts have also announced an intention to declare a semi-annual distribution of 0.05 cents per stapled unit for the period ended 31 December 2008 with the Trusts announcing that the declaration and payment of the distribution being expected to occur following the second instalment and that consequently, unit holders will need to pay the second instalment on their partly paid units prior to being eligible to receive this distribution.
A new trading code will be established for stapled units upon which the second $1.00 instalment (i.e. being the instalment the subject of this Circular) has been paid. The new code, BCSCB, will represent units paid to a total of $2.00, with the final instalment of $1.00 still unpaid. Accordingly, references to ‘second call paid’ stapled units relate to stapled units where the ‘Second Instalment’ (as referred to in the PDS for the stapled units) has been paid, with the first instalment (referred to as the “Initial Instalment” in the PDS for the stapled units) having been paid on application.

http://stocknessmonster.com/news-item?S=BCS&E=ASX&N=209211