BCS brisconnections unit trusts

What a farce.....And an absolute disgrace, mind you. I'm just...

  1. 608 Posts.
    What a farce.....

    And an absolute disgrace, mind you.

    I'm just amazed that there are 96m shares on the bid.

    Forget about the PDS yield assertions, forget about the statements as to full funding of the first distribution (why was that called the First Fixed Distribution again?), forget about Trevor Rowe waxing lyrical about how he couldn't fathom why people would sell, forget about the fact that the distribution was going to cost a lazy $24m on a $4b project.

    Just, forget about it.... I look forward to seeing how this unfolds, as it's bound to get ugly for Macquarie and the BCS Board - rightly so.

    Buy 500,000 shares for $500? No thanks...
 
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