Quote Originally Posted by macduffy View Post
A strange rationale for pulling the float!

"Strong support from local institutional investors and the Lead Manager" would normally be enough to give the green light. Particularly as retail investors could be expected to give such an issue keen consideration, at the very least.

Would love to see the draft prospectus.

Sounds like BS to me,Charlies came out with something similar with $160,000 spent if I remember correctly, on expenses to do with other corporates presumably chasing them for a buyout.YEAH RIGHT!
Don´t trust directors or management that fluff up the truth.