Corporations Act 2001, as the operator of the prescribed...

Corporations Act 2001, as the operator of the prescribed financial market, of the
intended offer of securities by placement to selected sophisticated or professional
investors by offers for subscription of shares,

What is the hell dose sophisticated or professioal investors mean (MATES) What about shareholders are we NOT investors.

1. The Issuer will issue the above securities without disclosure to investors

4. There is no ‘excluded information’ required to be set out in this notice by virtue of ss708A(7)

I think shareholders have been screewed.