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The Capital Markets

Posted: Mon Apr 10, 2017 9:55 am
by Russ
Hello all

And what a day it is

Previoualy we had Wasps selling Rugby Bonds. A sure fire way to throw money down the drain

Today we have Australias Western Force with a non listed Public Offering

Yes folka that's right. You can buy up to 10,000 AUD1000 shares in the Western Force

Now remember. WF are not profitable, have a rubbish cash position, a balance sheet and assets that are eseentially 0 and there is no secondary market for these shares

Rugby is in trouble it appears

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Re: The Capital Markets

Posted: Mon Apr 10, 2017 10:06 am
by Russ
It gets better

You're not buying shares in Western Force. But in a company that in the future wants to buy western force

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Re: The Capital Markets

Posted: Mon Apr 10, 2017 10:24 am
by colind
And this the same Western Force that is expected to be dropped from Super Rugby which is reverting back to 15 teams.

Super 15 would be a good name for that competition >EW

Re: The Capital Markets

Posted: Mon Apr 10, 2017 10:27 am
by Snipe Watson
Russ wrote:It gets better

You're not buying shares in Western Force. But in a company that in the future wants to buy western force

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All dependant on WF continuing to exist after this season. Not a great option all said.

Re: The Capital Markets

Posted: Mon Apr 10, 2017 10:44 am
by Rooster
Russ wrote:It gets better

You're not buying shares in Western Force. But in a company that in the future wants to buy western force

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Sounds a bit like something Sarries would think of as some sort of money laundering scam

Re: The Capital Markets

Posted: Mon Apr 10, 2017 11:43 pm
by Shan
Thought this was going to be about Moore Street.

Re: The Capital Markets

Posted: Tue Apr 11, 2017 6:16 am
by Russ
Shan wrote:Thought this was going to be about Moore Street.
Wouldn't be surprised to see a Moore Street Trader involved in this

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