BPC burns, philp & company limited

90% gmf barrier surpassed.piggy bank next

  1. 6,951 Posts.
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    As BPC has now received over 90 % acceptances they can compulsorarily aquire the rest and then access the GMF cash flow. Certainty has arrived for the astute.
    Presumably they will sort GMF out and squeezes it until the pips squeek and get some better return for investors. Some of those sellers of GMF shares may well decide to buy into BPC to benefit more than they did before GMF was raided.
    Best wishes
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