agm stung in market punt, page-13

Andrewe.

"I just rang him thinking 'Gee what a crash' and I rang him I could tell something was wrong and that's how I became fully aware of the situation" - David Deitz, exec director


If that is a quote from Deitzy you have to wonder how he could not be aware of what was happening (in full) as he is the top dog in finance at AGM.

He is also the CEO of Gullewa which owned more then 20 million shares in AGM at least until he made a statement today saying that they owned 12.8 million shares and that Gullewa had lost $1.7 million and had now crystalised another $2.0 million.

The question is was he also allowing this trader to use his Gullewa funds?

On the surface it would seem so: so for him to have to drag the information out of Tony Howland Rose you have to wonder about the quote being attributed to him.

Chinkiat