AS ANTICIPATED - RE-OFFERED SHARE SELLS QUICKLY
Late on Friday evening 14/11 we received notification from a client who agreed to purchase a
5% share in our
HIGH CHAPARRAL ex QUEEN’S SUITE 2yo Colt with Bart & James CUMMINGS but was outside their terms of settlement, were not going to be in a position to settle on their purchase.
Fate works in mysterious ways !
We had been fully reserved in this colt back on
Wednesday 5th November, the day after the Melbourne Cup.
Under our AFS Licence, we cannot offer a financial advantage to one client over all others, therefore we cancelled the sale.
This happens in our business, we take people who complete a Share Application Form in “good faith” but for a variety of reasons people don’t proceed.
It’s funny how it works (some call it
Karma) because as night follows day, it always seems to happen in the good ones !
POLAR SUCCESS (Golden Slipper),
SAVABEEL (Cox Plate),
BRADBURY’S LUCK (Magic Millions),
ATOMIC FORCE (Galaxy),
ECONSUL (Caulfield Guineas),
REWARD FOR EFFORT (Blue Diamond).
These all had client's not proceed to settlement so we re-offered those shares for sale.
The delight for those "new owners" who grabbed the re-offered shares was exhilarating as they stood on the podium and then told their stories to the media !
We are pleased to report that the share received plenty of interest over the weekend and was grabbed on Monday 17/11.
This now completes the promotion of our HIGH CHAPARRAL ex QUEEN’S SUITE colt.