what gives with spp allocation???, page-17

Not out to rain on anyones parade, but from what I read in the prospectus I was under the impression that anything that was not taken up by the rights of each individual shareholder was automatically under the arm of the underwriter.

Perhaps I read wrong but all applications for extra shares above which was allocated to each individual holder had to be applied for through the underwriter. Feel free to correct me if I am wrong, but that was the impression I got and hence I never bothered applying for more through the intial process and having my money tied up with an underwriter umming and arring whether or not to allocate me leftovers.

I took the intiative and bought more shares with the money I had while MNM went languishing during the period...a wise decision when looking at todays movement.

Nambo1 I recommend you ring the company secretary and clarify what has happened, no point getting bitter about it. Remember they are working with your money and you are entitled clarification on any issues that you deem, needing attention inside of trading rules.

How I see it is this. You should not have been allocated anything outside of your intial rights, so it would seem to me that they were looking after the direct holders of the company. In any case I could be wrong and I do strongly suggest you find out. Let me know, so I can kick myself for missing out on a bunch of options I could have perhaps grabbed...

Later.