ABS a.b.c. learning centres limited

eddie groves rumoured to be on margin, page-17

  1. 119 Posts.
    He has just said he has no intentions of selling his shares.

    If he had been margined already he would have had to put out a shareholder notice and mention this in the falling share price.

    Most of the shares he didnt buy they were issued to him so wouldnt neccessarily be that heavily margined on their own , possibly against other positions or property .

    I cant see him selling his baby , and all the talk that he has sold, will sell , in my opinion is holding the price down to a position that the pe and yield looks cheap for a predator.

 
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