Originally Posted by
klid
No, interesting that you guys are talking about it though, considering the mention of it (which I thought as odd) in the SSH notice:
"Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: As a result of on market sales,the issue of new ordinary shares by Vmob Group Limited and the consolidation of its capital on a ratio of 1 new share for 25 shares held Snakk Trustees Limited has ceased being a substantial security holder in Vmob Group Limited."
I think it's plausible they were left out of the last two placements by the board (after all, they did mention it was for "sophisticated" investors), and Snakk weren't happy about it so they've done their best to sabotage the efforts. Wouldn't surprise me.