Don't do it then cancel the order just in case something goes wrong.I could do it and then cancel the order, But I am a little nervous of doing it!!!!
I don't know anything about Mac's. To upload go to "Manage Attachments"OK give me 5,
How do I get screen shot on a mac?? and how do I upload it?
OK give me 5,
How do I get screen shot on a mac?? and how do I upload it?
I cant proceed with only 10 shares.
A comsec Transaction has to be for $500 or more
It has no mention of $2.00 unpaid up to the confirm screen
I reckon this is it Julia? Rocket, do you not have to insert a trading password when you buy shares or has that already been done, and then you just click the Confirm button and the order is entered?
There's a problem with that theory. Everyone who seems "for" action to take place assumes that there's a victimless way out.
If BCS becomes the purchaser of these funds,
1. They are essentially relieving these people of their debts
2. The underwriters are then under no obligation to underwrite the missing dollars.
So, BCS goes under and legitimate holders have their value wiped out - they would have no reason to pay the addition $2.
Thanks Jackson.
Anyone else able to post an actual screenshot of the final screen which appears as at today's date before the Buy commitment is made?
I cant proceed with only 10 shares.
A comsec Transaction has to be for $500 or more
It has no mention of $2.00 unpaid up to the confirm screen
I did also suggest that perhaps the underwriters could make a market to enable these people to sell their shares.
What's the point of going ahead with a project when a potentially large number of investors don't have the millions required? Surely, this thing will go bust anyway. May as well make the necessary market or procedures to let these unsuspecting investors out and try and get the funds from those that can actually afford.
Whether these investors found the relevant info or not, it doesn't change the fact they simply don't have the funds. In many cases, banks would have first mortgage on their homes, so there's not going to be much in it for BrisC anyway. May not even be enough to pay for debt collection. Let alone the moral side of ruining the lives of so many.
If they are going to trap people in by not letting them sell before the instalments are due, how can BrisC know if they actually have the funds to proceed with their project anyway?
Even if you declare bankruptcy, other assets can be liquidated. I hope there will be a better way forward than that. I am thinking Commsec's lack of disclosure will come into play, given Rocket's sequence above, and the warnings given to Julia by E*Trade and NAB to me.if brisc were to pursue the payments and according to their latest ann. they are going to ....they have six months to pursue and charge interest and other fees over and above the installment price
surely the only option would be to declare bankruptcy for those unable to pay or sit out the 6 months and hope not to receive the dreaded letter.
not advocating bankruptcy as it has a lot of other negative implications on your life but for those without another avenue it may be their only saviour
Go Cartman, thank you for that oh so needed vote of support, I must admit that Sunder's attitude had me a tad intimidated, & I didn't like the feeling, my emotions are so raw as it is. Referring also to the chatter about the screens, Netwealth had no warnings at all either, but as you all have said, does it matter in the end? We are trapped now, & what we are really looking for is a legal way out that won't cost us our homes & other possessions.
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