AJX 0.00% 0.8¢ alexium international group limited

BBY placed in administration....., page-5

  1. 7,708 Posts.
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    Here's the slight problem:

    From 2010 to present BBY have net bought 1,097,209 shares, So unfortunately when a broker like BBY are placed into administration clients have to liquidate there positions.

    "The Australian" understands that all BBY client’s positions could be liquidated in the next 48 hours.

    So today s selling may have been partly to do with this, I don't believe they have fully liquidated their holding yet....

    I hope the US instos are aware of this and pounce.....
    Last edited by prowiz: 18/05/15
 
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