For those wanting to buy in to the rights issue at 1c - forget...

For those wanting to buy in to the rights issue at 1c - forget about it. Ascot are only accepting outside (and yes we as share holders are outside) acceptances from those investors earning in excess of $250K a year or licensed security advisors (and of course current directors). Sounds like they already have plans and don't want others involved.
As a shareholder with 400K plus shares, a grad dipl in finance and a member of the securities institute you would think I could get a look in.
Once again the company is putting their interests first and the sharehoders last.
It almost makes me want to kiss away all my money, vote no, just to teach them a lesson. (some posters will say I already have kissed it away).