BCS 0.00% 40.0¢ brisconnections unit trusts

rescue package from brisbane toll road link , page-7

  1. 222 Posts.
    lightbulb Created with Sketch. 37
    There seems to be some confusion .

    Brisbane Toll Road Link Pty Ltd .is the buyer of units .
    they pay .00001c per unit .
    they need to pay consideration to make a deal legal .
    thats $10-00 per million.
    I know that they have bought about 10% of the units on issue and have several commitments to purchase from sellers .
    Mac Bank clearly will not be in the market , they only bought to build a blocking stake and there is all this Hu Hah about stoping them from voting there stock .Ouch $31mil and they dont get to vote ..
    Anyway it seems that there is no other buyer.
    Byrnes email address is [email protected]
    you email him the name in which you hold your units , he send you an email , if he likes , he sends you an offer by email , you sign and scan and return and he sends you a transfer , you sign and they file .
 
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