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I note one of the sub-underwriters walked away from their obligation. I hope shareholders will insist on management taking action to address this, or at the very least alleviate concerns over something smelly being brushed under the carpet, by informing the market what clause in the agreement allowed them to walk away.
If a sub-underwriter doesn't settle, I would have thought the primary underwriter would then be held to pick up the obligation anyway
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Seems these directors are not keen to buy those “cheap” shares.
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Member
Why buy shares when you can simple give yourself shares at the end of the financial year for a job "well" done.
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Originally Posted by Master98
Seems these directors are not keen to buy those “cheap” shares.
Check again , looks to me like every director bar one, took up their full entitlement of $15k.
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Originally Posted by K1W1G0LD
Check again , looks to me like every director bar one, took up their full entitlement of $15k.
lol, just spent $15k!!!, if I were those rich directors and have confident in this company, I will spend at least $150k to buy these"cheap" shares.
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Originally Posted by Master98
lol, just spent $15k!!!, if I were those rich directors and have confident in this company, I will spend at least $150k to buy these"cheap" shares.
The maximum any one could take up in the SSP was $15,000.
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Originally Posted by Master98
lol, just spent $15k!!!, if I were those rich directors and have confident in this company, I will spend at least $150k to buy these"cheap" shares.
First you cannot read SSH notices and accuse the directors of not showing confidence.
Corrected, you then accuse them of not investing more - when they are only entitled like everyone else to $15,000.
If they invested more, you will accuse them of being given preferential treatment.
Just learn how to read before you write so you make some sense to yourself.
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Originally Posted by Balance
First you cannot read SSH notices and accuse the directors of not showing confidence.
Corrected, you then accuse them of not investing more - when they are only entitled like everyone else to $15,000.
If they invested more, you will accuse them of being given preferential treatment.
Just learn how to read before you write so you make some sense to yourself.
Balance, you must be very frustration of sp has fallen below SPP issue price, i reckon will hit to high 40c, i am quite happy bailed all my PGC holdings at 33c before share distribution
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And the spin doctors still remain silent on why they have let one of the sub-underwriters off the hook - yet another related party or mate, I suppose.
I also note a good size loan has turned to custard already - I don't want to harp on about just how bad finance company lending has proven to be, but why anyone thinks Heartland is immune to loans default is completely beyond me.......maybe this constant talk of becoming a bank has fooled a lot of shareholders.
The shareprice is doing a lot of talking........
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16-09-2011, 02:36 PM
#100
Originally Posted by Xerof
maybe this constant talk of becoming a bank has fooled a lot of shareholders.
The shareprice is doing a lot of talking........
I agree with you, mate.
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