trading pattern, page-102

  1. 5,330 Posts.
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    Hi maka,

    I know you remain stubborn on this leaky boat conspiracy, and of course I can't defend those on the partners side of the fence, but if you have communicated with anyone at OBJ in the past, surely you must know how tight this ship is? I doubt if they'd even be prepared to disclose what they had for lunch.

    However, past announcements aside, if the next one arrives with a material value as some here anticipate, I agree with Surges in that those working with or for OBJ who may be privy to sensitive info have already taken their positions some time ago - is it possible that a black-out period also applies? It's may also be worth noting that the father of OBJ's secretary purchased 30m PNO shares on-market on 07 Nov and coincidentally on the following day over 43m OBJ shares were also snapped up in a somewhat markedly impatient style as witnessed with Mr Palermo's purchase the previous day

    "On ADO, there were clear signs chartwise that something was happening. Firstly there was already a co-operation announcement and license with Anteo on 20th August 2009 signalling a go-ahead based on funding. The 'big' Anteo license announcement happened on 13 January 2010, less than 5 months later.

    Yes, the clear indicators could be found in the announcements maka, just as even stronger indicators have been provided in OBJ's anns, however the only technical signs "chartwise" for 6 months preceeding ADO's major news were big red sell signs

    I note there was one substantial holder notice for Asian Union Investments in December which I believe is former Rothschild's Director, Chris Abbott who is subsequently also a founding partner of Maple-Brown Abbott - someone who certainly has very close ties in the biotechnology sector, but other than this one buyer, all the technical signs were advising to sell.

    From July 2009 to Jan 2010, the day before the big ann the sp had dropped - 56.25% and the big volume you refer to was the result of selling pressure... not buying...

    17/12/2009: 0
    18/12/2009: 0
    21/12/2009: 0
    22/12/2009: 415488
    23/09/2009: 1000000
    24/09/2009: 1000000
    29/12/2009: 200000
    30/12/2009: 0
    31/12/2009: 0
    04/01/2010: 0
    05/01/2010: 0
    06/01/2010: 2489460
    07/01/2010: 0
    08/01/2010: 2337579
    11/01/2010: Closed: $0.009 Volume: 2582421 - 10.00%
    12/01/2010: Closed: $0.007 Volume: 6697999 - 22.22%
    13/01/2010: ADO Signs Licensing Agreement







 
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