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Ann: $12m Institutional Placement and Announcement of $3m SPP, page-68

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melastcracker

2,080 Posts.

11/12/17

16:44

Post #: 29543066
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Originally posted by makattack ↑

I don't see it as ridiculous at all that if these orders don't eventuate in a timely fashion that they don't get their share allocations.

They're not being issued the shares for free, they're paying for them as part of a capital raising. You can't stipulate a performance rule on an outright purchase of shares in a capital raising. I have never heard of this. Do you have a reference to this sort of deal?

And again if you think something isn't fair and you decide to live with it rattan doing something about it means your a part of the problem, not a solution!

lol, I'm not here to solve the problems of inequality. Life is full of inequality. Just the fact that sophisticated investors (ie the rich) get preference over the rest of us in a significant placement is inequality. The fact that we as standard investors cannot get broker codes or easily midpoint trade in a dark pool is inequality. The fact that BOTs can do 10cent trades over and over again for no cost via a computer directly connected to the exchange in the same building is inequality. The fact that people get and act on insider info frequently is inequality. Where do we stop? Should I tackle all these issues with zest to prevent being called part of the problem?

Someone is not in the real world here, and it isn't me.

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Recently some parts to problems have been fixed, if you think they fixed themselves your deluding yourself!

AJX Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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Ann: $12m Institutional Placement and Announcement of $3m SPP, page-68

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Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

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The business of sport: Warren Tredrea's take on this week's news

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Ann: $12m Institutional Placement and Announcement of $3m SPP, page-68

Top Stories

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

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Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

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