WTE wedgetail mining limited

2x nominee company's sold pre options expiry....

  1. 3,589 Posts.
    ANZ nominees sold 70% of their holding between Oct 2005 and December 2005...... 70m shares

    Nefco Nominees ( Golden Prospect PLC ) sold 3.35m shares in early/mid December 2005

    both put downward pressure on the shareprice thus destroying the chance of the options being converted....did they want them converted?

    and of cause what followed was the the subsequent underwriting to the undisclosed underwriters @ 4 cents on 22/12/2005....who are they?

    The managing director was in London in December 2005 and most likely in contact with Golden Prospect Plc.....

    Golden Prospect PLC also sold a further 9.15m shares in early January 2006 before the SPP was announced on 11/1/06....

    then another 21.5m over the next 2 days for a total of 34m all up........

    What did they know?

    Who could have told them?

    Why were these 2 top ten shareholder nominee company's selling.....

    Insider Trading?

    and fair dinkum Patersons better get their act together....

    after querying the dates on the 16/1/2006 announcement they amended them yesterday and they are still wrong..........

    see all is not right on the ASX!!!!!!!!

    YOU HAVE TO CHECK AND DOUBLE CHECK EVERYTHING!
 
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