5GN 3.33% 14.5¢ 5g networks limited.

major seller

  1. 13,249 Posts.
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    reply from ARQ-

    John
    Thank you for your email.
    It is a shocking situation particularly given the comparative valuations
    of our peer companies.
    I think at this point doing a share buyback would be unlikely to stem
    the tide.
    We obviously have one of our bigger shareholders bailing out and until
    they are finished there is little we can do.
    Regards
    Eric

    Eric Streitberg
    Managing Director
    ARC Energy Limited
 
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