PGL 0.00% 85.0¢ prospa group limited.

Taken from post on Yahoo Finance:MALiciousLEE and corruptLEE our...

  1. 86 Posts.
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    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...
 
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Currently unlisted public company.

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