PGL 0.00% 85.0¢ prospa group limited.

buy back resolution invalid??, page-2

  1. 424 Posts.
    Also taken from post on Yahoo Finance

    OOps...they got a waiver..... 20-Feb-09 10:35 am
    Well, b~gger me!!!

    Sorry folks....I just dug deeper and discovered they got a waiver on 30/1/09.

    It is listed on page 19 of the following link..

    http://www.asx.com.au/supervision/pdf/wa...


    <
    Underlying policy
    Prescribes timetable for reorganization of capital where entity buys back shares under equal access scheme- maintains orderly market

    Present Application
    Shareholders and the market will be aware that buy back contracts will not be formed
    until after the shareholder meeting-shareholder approval is likely to be given and shareholders will have sufficient time whether to accept the offer.>>


    More cr@p: <> ???###@@*&^

    How much skulduggery is going on behind the scenes?

    Timing interesting:
    CYT requisition 28/1
    PGL reaction to requisitioned General meeting 5/2

    One problem is that WE are paying for all of their legal advice.
 
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