SPX 0.00% 1.1¢ spenda limited

Ann: Appendix 2A, page-67

  1. 554 Posts.
    lightbulb Created with Sketch. 86
    indeed and your contributions on this forum are great, but we constantly allow genuine markets to be distorted because we sit back and let the game of mates play on. The beneficiaries are euphemistically called sophisticated investors but really they are connected. I'm happy to have picked up my entitlement in what I imagine will prove to be an amazing bargain. Like you I'll be aiming to pick up stragglers cheap sells when it reopens. But I still think the retail shareholders should seek a clarification about how the prospectus requirement for the shortfall to be distributed in a "progressive basis" was followed (section 2.9). it's never bad to remind directors that when retail holds a high percentage of shares there are 3 strike rules.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.