Well someone will be kicking themselves in the AMP ranks!!
RE: T+3 and Corporate Disclosure rules for Major Shareholdings - It must be announced within 4 days of any new positions....so,
On Friday AMP sold substantial amounts of shares offscreen to other major shareholders or new primary shareholders or institutions.
On Monday they read that we have announced our abundant new reserve estimates...Very unlucky indeed.
The new shareholders will bring a new set of expectations and pressure on management.
That my fellow investors is a very good thing.
And who cares who holds the ball anyway, AMP have merely passed it onto another one of our team players now.The fact that they offloaded it so easily tells me that getting credit for our play wont be hard, if we need it.
I had a feeling we would have an announcement today too.
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