The shortfall from the recent non-underwritten issue of shares at half a cent each, was over 12 million shares.
It seems that existing shareholders who were invited to apply for shortfall shares, received the directors discretion - the shaft.
The shortfall went to clients of Kirke Securities Limited.
One wonders.....................WHY?
lights out shareholders shafted
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)