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I say things on Twitter

10/16/17

So here's the juice on the "BTO is buying SBB" rumour...

...that's been doing the rounds this morning.

It's Bullshit.

But like all the best rumours, it's wrapped in a package of small facts and logical assumptions. We know The Clive has had informal chats with Sabina and we know BTO likes the project, but for one thing the asking price is too high and for another, the whole sale will be one of those shopping processes, an auction that won't kick off til 2018 earliest. SBB isn't even going to entertain formal offers before then.

Bottom line: Another BS tale doing the rounds in order to try to drive BTO's share price down.