FGL 20.0% 0.6¢ frugl group limited

the issue with this is that if there is a shortfall and they...

  1. 12,340 Posts.
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    the issue with this is

    that if there is a shortfall and they have "knowledge"of an event that may occur within the stipulated time frame, and it becomes a price sensitive announcement, they can then allocate the shares at their own discretion. This means to whoever they choose. So is what Coupe is saying that he has insider knowledge that a price sensitive announcement is forthcoming to which he as access.

    Hence the existing shareholders once again become the bunnies as they did not take up the CR based on the information available

    Surely not.
 
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