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0.00% 40.0¢ brisconnections unit trusts

I can't see Nick keeping the $4.5M if he sinks ASI.The proxy...

  1. BT
    377 Posts.
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    15/04/09
    01:26
    Post #: 5011525
    I can't see Nick keeping the $4.5M if he sinks ASI.

    The proxy vote sold by Nick was an asset of ASI not ASH which ended up with the cash, so if BrisCon/Underwriters pursue debt it will have to be paid back to liquidator of ASI as transaction was done to avoid creditors.

    Only way Nick can keep money is if he bolts out of OZ!
    BCS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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