Billy
Danny 'Bedsy' Buderus
Tinkler doesn't have any lazy money lying around.
He is always running into cash flow problems because he obviously has the motto 'bite off more than you can chew, and chew like crazy'. He is currently trying to do what is called a 'reverse takeover' where he is buying a company much larger than the one he owns with borrowed money he hasn't yet been able to borrow. If he pulls it off he will be as rich as poison. If he fails he will still probably walk away with a profit, depending on when he pulls the pin. It's a classic çorporate raider' play that Alan Bond would be proud of, but if we have a sharemarket crash in the middle of it like Alan Bond struck, he is cactus.
He is always running into cash flow problems because he obviously has the motto 'bite off more than you can chew, and chew like crazy'. He is currently trying to do what is called a 'reverse takeover' where he is buying a company much larger than the one he owns with borrowed money he hasn't yet been able to borrow. If he pulls it off he will be as rich as poison. If he fails he will still probably walk away with a profit, depending on when he pulls the pin. It's a classic çorporate raider' play that Alan Bond would be proud of, but if we have a sharemarket crash in the middle of it like Alan Bond struck, he is cactus.
