Oversubscribed or not, if you give a closing date for a cr you stick to it in fairness of all shareholders.
Many long term & supportive shareholders would have taken note of the closing date & understood they had that given time to get their finances in order to participate.
Despite the oversubscribed cr it is not a case of first in first served as stated in recent announcement .
Management will distribute shares with an emphasis on rewarding long term & large shareholders first regardless of when order was submitted, fair system in my opinion .
Ensures shareholders like yourself possibly are rewarded over those who bought minimum amount of shares before trading halt so they could load up.
These traders mind you are the ones likely to try to pump & dump.
As frustrating as this Federal Court process is it just may be critical in preventing the types of pumps & dumps of the likes we seen with Canntab announcement.
If a major shareholder has been illegally dumping shares on the market I want action.
Worth the wait rather than going through the same sp volatility seen earlier this year.
Cheers.
Oversubscribed or not, if you give a closing date for a cr you...
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