I also received an a reply from the Chairman, which made no attempt to address the list of questions that I asked concerning the justification and method of the raising, the continuation of trade while the market was uninformed, and the lack of a CFO since the departure of Howard Selzer.
I'll be voting "NO" at the EGM, unless they offer a retail top-up at the same price. A hollow gesture, presumably.
ASIC also received a complaint from me re the suspect trading on the Monday and Tuesday of last week. No idea if anything will come of it, but Morgans have had a couple of run-ins with them over the past few years, and so they may be on the regulator's radar. And given the connection between Morgans and the FDM board....
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