BCS brisconnections unit trusts

Between April 16 and May 9, it will be possible to trade...

  1. 6,716 Posts.
    Between April 16 and May 9, it will be possible to trade post-call BCSCB units on a defered settlement basis.

    The rules for this are very strange.

    It looks like opportunity for someone to carry out a scam, but I am not sure yet, who.

    In my opinion the whole thing should be halted between the close of trade on the BCSCA and the actual issue of the BCSCB.

    Any thoughts on this ? I suggest you go read the details if you haven't already.

 
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