buy back resolution invalid??

Taken from post on Yahoo Finance:

MALiciousLEE and corruptLEE our esteemed d#ckheads have totally stuffed up. IMO.

The ASX listing rules on timetables for "equal access buy backs" are explicit. They are set out in Appendix 7A 9 of the rules.

I believe that PGL's failure to adhere to the listing rules regarding this resolution in fact make it an invalid resolution.

The timetable states the following:

Announce equal access back scheme...prior to day 0

If security holders approval required.....at least 7 business days before the 'record date'.....DAY 0

Record date to identify participants.....at least 7 business days after DAY 0

etc etc

In other words the shareholder approval (vote on res 3) is required at least 7 business days
BEFORE the "record date".


Below is link to Appendix7A then go to 7A 9
http://www.asx.com.au/ListingRules/appen...


For those who agree with me and wish to join me in making a formal complaint to the ASX, the ASX complaint form can be downloaded from the following link:

http://www.asx.com.au/supervision/compla...