PPN 0.00% 20.0¢ planet platinum limited

Smelly G Spot offer, page-4

  1. 318 Posts.
    Am I the only member who thinks it is crazy that Bryant &Bryant & G Spot Pty Ltd have access to PPN's up to date financial information and share register to make an unsolicited offer for shares, yet PPN won't release the 2013 annual report or provide an interim report for 2014?

    The following is an extract from the ASIC website regarding access to the Share Register.
    In our view it was improper for G Spot Pty Ltd to make use of PPN's share register and financial information to make an unsolicited offer to purchase your shares.

    http://www.asic.gov.au/asic/ASIC.NSF/byHeadline/Members

    ".........  You cannot obtain a copy of a register for an improper purpose, such as:
    • soliciting a donation from a member
    • soliciting a member of a company as a stockbroker or sharebroker
    • gathering information about the personal wealth of a member, or
    • making an unsolicited offer to purchase financial products such as shares or units off-market
    • if the company keeps the register on a computer, the company must provide the copy in the format set out in Part 2C.1 of the Corporations Regulations.
 
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