I can't believe the vote is going ahead or will have any validity in the midst of the unresolved morass of conflicting information. Shareholders have no idea whether they will be relieved of further liability (which is all that most of the retail holders want) by voting down the resolutions but many will have done so based on the postal deadlines concurrent with the hopeful but now apparently misleading BCS & MQG announcements earlier this week. Equally, there is still no clarity on whether BCS were correct in their claims that further instalments would be due even in the event of a wind up, even though at least one of the underwriters apparently disagreed. This is as never before what ASX & ASIC describe as "an uninformed market" and to force a substantially postal vote over the Easter break is utter lunacy.
As an aside, I see that yesteday's AFR repeated the trash about 70% of the units still being held by Mums & Dads. These journo's clearly don't research or just can't add!
BCS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
