BCS brisconnections unit trusts

Ann: MQG: Macquarie offer to eligible unitholders, page-4

  1. 31,421 Posts.
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    re: Ann: MQG: Macquarie offer to eligible uni... probably a reasonable outcome.

    not many holders would have millions of shares. watso was reading a link that someone posted earlier on (to a 7.30 report story), where some guy had bought a couple of million shares for his 82 year old mother. from memory, the mother lived with them, and watso seems to think that maybe he was quite smart, as maybe the mother had no real assets.

    watso should have thought of something like this, and purchased a couple of million units for an ex wife. not sure what the outcome would be??? . an off market transfer only requires the signature of the seller, (not the buyer maybe watso is wrong, and he cannot be bothered to double check). there would have to be legal issues involved, - watso forgets the term, but basically, if a person is not a party to the transaction, then they cannot be held liable

 
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