BCS brisconnections unit trusts

scrip takeover..., page-3

  1. 31,438 Posts.
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    mmm - that is a novel idea, but it might be that asi is not the right vehicle for this. just a bit of a guess, but one might need a public company structure for this (no need to be listed) - and then make a takeover bid, on the basis of - well, who cares, one share in in the NEW company for every share in bcs. guess they would get 90% acceptances, and it might be difficult for bcs to refuse to register the shares (as per the thread "right to refuse to register") - because one would think that if someone has 90% of the shares, then they really have the numbers. mmm - ok if this is the case - then maybe the call is made, the NEW company calls in the liquidators, as they are insolvent, (not sure who is going to pay the liquidators).

    just a silly idea, to fill up some space
 
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