Did anyone see Inside Business on ABC this morning.
Interesting point made was the term of the underwriting facility for the non payment of the instalment is conditional that BCS users all means necessary to recover the out standing funds. ( Allan mention use of debt collecting agencies which could lead to bankruptcy)
Other interesting point was BSC own adviser Macquarie Bank release its prediction of where BSC will trade post the second instalment, 33 cents.
No wonder macquarie was dumping the stock.
I think post the second instalment we might see a full replay of a stock trading at 1 tenth of a cent.
Just my opinion do your own research.
Did anyone see Inside Business on ABC this morning.Interesting...
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