So is the Myer share issue the knock ’em down sure thing that its promoters are trying to tell us it is? Then why is a leading broker sending this creed to clients?

The client to whom this was sent had not indicated any interest in the float:

The Offer to invest in Your Piece of Myer opened on 6 October 2009 and a prospectus for the Myer Share Offer can be viewed at www.rbsmorgans.com. The Offer closes on 23 October 2009.

RBS Morgans is a Co-Manager to the Myer Share Offer — call your adviser to discuss.

Are you a MYER one card holder?

Gold MYER one card holder — guaranteed minimum allocation $25,000

Silver MYER one card holder — guaranteed minimum allocation $5,000

MYER one card holder — no guarantee, but access to the Myer One card holder pool of shares card holder — guaranteed minimum allocation $25,000 card holder — guaranteed minimum allocation $5,000 card holder — no guarantee, but access to the Myer One card holder pool of shares

The Myer one member record date for eligibility is 23 October 2009 therefore you can still register as a Myer one card holder and be eligible to participate in the Offer.

If you would like to discuss whether an investment in Myer is suitable for you or want to check you have completed your application form correctly, please contact your RBS Morgans adviser directly or reply to this email and include your name to assist our advisers replying your enquiry.

Yours sincerely,

Brian Sheahan
Managing Director, RBS Morgans

Sounds like interest might be a bit slow and clients are being “rounded up”.