BCS 0.00% 40.0¢ brisconnections unit trusts

new twist - article on the age website..., page-6

  1. 1,010 Posts.

    I cannot seem to believe that most of those trapped and could not sell their BCSCA holdings really are not aware of the $2 owing per share. Even when you buy online, there is a warning of the $2 balance to pay before executing the order.

    The truth is most of them only wanted a quick trade to double their money (buy @ .001cps and sell for .002cps).

    One lesson: The higher the return expected, the higher the risk involved. If I had bought them and expected to sell them at twice the price minimum, I would be watching every second if there are still buyers in there. At the worst case scenario, I'd sell at the same price (.001 cps) and lose only the brokerage fee - as quickly as possible, especially when the buyers were thinning.

 
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