Paragon Care Ltd ("PGC") - Healthcare upside!!

[ozzie]

Hi Percy, yes I've complained about how useless Computershare is in the past - they have a weird limit of 95 stocks to login to their website, so I can't update my bank details, email etc unless I email them personally. Then they want me to send them a list of all my stocks! Really, you don't have that info on your database? And even if I could logon their site is incredibly slow and you can only update one stock at a time. Link has none of those problems for instance. Hopefully Link will make a takeover bid for them sometime. (Yes I am short CPU.)

[stoploss]

Ozzie , can you talk us through the logistics of this . I thought you had to buy a mininum parcel or dollar amount , do you buy 500 shares , get registered then sell 499 ??

[percy]

I too am interested as I recently brought 2,000 ONC so as I could in their SPP when they go ahead with it.I thought the 2000 was the minimum holding.I paid 31 cents a share.Funny enough I have received two holding statements,one for 500 shares,the other for 1500 shares.Maybe I will be able to apply twice if the SPP goes ahead?
I have given up with Computer Share's website.

[ozzie]

$500 minimum parcel, though I usually buy about $700 worth. It's much better though to just find some good companies to buy or short that you can hang onto for at least a year for the tax benefits. I'm making a lot more shorting stocks in mining servs, banking, insurance, free to air tv etc than I am from cap raisings. Studying and understanding macro trends is something most people fail at miserably - why weren't more people shorting free to air tv stocks earlier this year for instance, knowing that Netflix was about to launch in Oz?

[percy]

Thanks Ozzie.Please post more often.

[ozzie]

I've posted on HC as justinp for many years percy, not so much here.

[percy]

I've posted on HC as justinp for many years percy, not so much here.

I will keep an eye out for you on HC.I am Lorraina there,as they already had a percy?!

[percy]

ZERO.!!!
Only had 10,000, and on top of my 2,000 rights I applied for an extra 8,000 shares.
Only received the 2,000 I was entitled to.
So what was the point in letting us apply for extra?
Mark100 and Ozzie.Trust you both did better than me.!!
CFO Stephen Munday [0061] 3 88337800 may receive a "polite" call from me in a few days time;"Please explain." ???? lol.

[Joshuatree]

Which one of you will call ;Lorraina ,or Percy; or Lorraina with a Percy

[stoploss]

ZERO.!!!
Only had 10,000, and on top of my 2,000 rights I applied for an extra 8,000 shares.
Only received the 2,000 I was entitled to.
So what was the point in letting us apply for extra?
Mark100 and Ozzie.Trust you both did better than me.!!
CFO Stephen Munday [0061] 3 88337800 may receive a "polite" call from me in a few days time;"Please explain." ???? lol.

Percy that doesn't sound right , bearing in mind the amount that went to the underwriters .
Surely they were obliged to take some over subscriptions , or why provide for it ?