BCS brisconnections unit trusts

this stock is a pig and i have been saying so since it listed.as...

  1. 2,475 Posts.
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    this stock is a pig and i have been saying so since it listed.

    as soon as it trades ex you wont be able to sell because there will be no buyers, its that simple, you will get caught having to cough up the next instalment.

    it is much safer to just watch from the sidelines as this thing sinks.

    it will go the same way as RCY, ie, divs will eventually be cancelled and it will trade at 20% of its IPO value, ie $0.60 after all instalments, so why would you even try and speculate on this, its a one way bet all the way to $0.60 after all the instalments.

    i wish i could short it because there is big bucks to be made on this on the short side.
 
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Currently unlisted public company.

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