REF 0.00% 0.3¢ reverse corp limited

Ann: Conditional Sale of Contact Lense Businesses, page-9

  1. 6,402 Posts.
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    theoretically sp shouldnt have battled too hard at 3c given the div is 2.7 plus all other benefits, the fact over a quarter volume went through suggests something is not what it seems... given it opened at 3c, people do the paper work would bought in at open, probably double down when sp came down a bit... so u wonder who selled...

    there were lots of clauses refer to directors endorsement etc, and given one director actually holds 5% of business... maybe he and others not happy, and were pushed by top holder fundies
 
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