takeover, page-16

  1. 5,583 Posts.
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    someone rang up their broker and said, "I want to sell 30k shares today, can you bot it for me please?" I think it's as simple as that John - anyone can do it.

    Another possibility for the selling pressure is the intercompany loans that are denominated in Euros and SwedishKronas; the value of those loans fluctuates with the exchange rate, as the AUD rises against the EUR and SEK we receive back less; alternatively as the AUD drops we get back more - over the long term the exchange rates tend to balance out, and you end up getting back what you put in; some holders maybe selling because of the effect these loans are having to the Net Profit statements of the company.
 
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