CYM 8.16% 4.5¢ cyprium metals limited

Complaint to CYM, page-15

  1. 5,667 Posts.
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    To those of you lodging official complaints with the relevant oversight authorities, I think one of the strongest complaints I have heard here is that some shareholders didn't receive the offer document via the mail until AFTER the company had closed off the SPP (early). This is a real problem IMHO because it is my understanding that all shareholders rank equally under the law. The scale-back complaints may not be a strong in law because it depends on the extent to which the relevant listing rules and laws allow directors the freedom to act with discretion in deciding the scale-back. First in best dressed is a fairly common practice.
 
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