ADI 2.35% $3.05 apn industria reit

fund for legal investigation into this offer

  1. 1,130 Posts.
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    We need a barrister to act on shareholder's behalf to represent us in our combined complaint to ASIC, and the Minister for Financial Services, Superannuation and Corporate Law and Minister for Human Services, the Hon Chris Bowen MP. For this we need a fund. We may achieve the result of 'delaying' the offer.

    If anything, this will:

    - Delay the takeover, and allow people a chance to avoid huge capital gains tax.
    - Force AWE to open their books and offices to any legal requirement drawn out in a court of law.
    - Allow the operations at Sugarloaf to continue thus increasing value in the company above 42c.

    I personally am neither qualified or resourced to head this, and in any case, my time wouldn't allow for it. However, I'm willing to pledge cash to support it. IMO, we need a Steven Maine type person here to act for the many of us that simply want fair value, and explanations for possible breaches of corporate law.


 
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