Oh don't start me on MUM.... The company sent out a letter. In...

Oh don't start me on MUM....

The company sent out a letter.

In the share buy back letter it stated that IF you didn't respond (as a holder of MUM, of an unmarketable parcel.. small holding) then they WOULD SELL your shares. I.e. BUY them off you.

I wrote to them on the standard form and indicated that I wanted to keep my MUM shares.

Then I received a statement from the share registry about 2 weeks ago indicating Zero shares. I went to my MUM file - and there was a copy of my letter.

I immediately rang the registry on receipt of the statement indicating zero holdings and to be quite frank - they were of no help at all. Furthermore they could not care less. I explained the full situation and was told (quiet rudely) that there was nothing they could do. The "team lead" at the registry and I got so heated - she actually hung up. I was livid. I still am.

Surely this is not legal?

I am taking this further.

I want to keep my MUM shares.

Furthermore - no $ have hit my Superannuation Bank Account.

Suggest we all go hard on this one. I have never experienced ANYTHING like it.

All the best and please stick to your guns. Fancy treating shareholders like this...

Gracie