BCS brisconnections unit trusts

ha ha this is a classic.I read about brisconnect in the Weekend...

  1. 25 Posts.
    ha ha this is a classic.
    I read about brisconnect in the Weekend Oz as part of a story about broker evaluations......ie $1-$2 etc with the BCS shares trading at 0.001...
    We're onto a winner here me thinks!
    Now I have been trading shares since May 2008....I waited for the crash and I wish I had waited longer
    Now....I know very little about trading except buy low, sell high, ex- dividend dates, EPS and broader macroeconomic cycles
    Nonetheless after less than five minutes of due dilligence I discover that you are in fact buying a liability in BSC

    SO TO ANYONE OUT THERE WHO BOUGHT THESE SHARES WITHOUT DOING ANY RESEARCH BAD LUCK. YOU SHOULD HAVE DONE YOUR HOMEWORK.

    I highly doubt the compnay will bankrupt people over this. My guess is the shares will simply be forfeited and the "investors" will lose their "investment".

    Nonetheless...part of me would love to buy 90 million shares for 90k......what a dinner party story that would be...

    "Hows things Harold"

    "No to bad. I do have some debt collectors chasing me for the time being"

    "Oh. how much do you oh."

    "Only $180 million"

 
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