The thing that bemuses me most about the paterson report is that it's recommendations have messed up the market for MAK.
This arbitrage recommendation is utterly stupid because the arbitrage opportunities are either nebulous or low value but the selling in MAK this week suggests that people have followed the Patersons thought. As a result the MAK price has been driven down and those thinking they are doing a smart thing in the short term selling MAK to buy UCL have supported the UCL price to MAK's disadvantage because the 13 for 10 is hardly attractive now!
This whole thing is a slapstick comedy.
open letter to mr drummond, page-5
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.19M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $19.66K | 1.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1077633 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1099040 | 7 |
View Market Depth
| Last trade - 15.13pm 02/08/2024 (20 minute delay) ? |
| AEV (ASX) Chart |