Hmmm ... the initial HHG holding by Mohl is the 'golden handcuff' dished out to key AMP executives 23/12/03 to guarantee they didn't piss-off during the demerger process ...
It is true Mohl acquired an additional 220,000 HHG on the same day ... 23/12/03.
Given HHG opened at $0.88 against the book figure of an expected $1.45 this was a 'no-brainer' on Mohl's part.
Given AMP track record of pump and place and also that it was public information prior to the demerger that HHG is likely to need a $2.5billion bail-out soon ... this could be just another 'sucker play' on the part of the 'in-club' ... who would benefit by another 'discounted' rights issue to themselves ... leaving the M&D's out in the snow once again.
Think I am kidding ... how does $0.75 sound ???
The leopard hasn't changed it's spots ... !!!
Cheers ... good luck to all holders.
This is only my view ... read the red stuff.
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